Fear of inflation or that paper assets will return to their intrinsic value (i.e. zero)
Fear that governments like the United States will not be able to pay their debts
Fear that the EU will disband
Fear of stock market collapse or instability
Fear that the housing market will collapse
Fear of War or Terrorism
Fear of Banking Collapse or Corporate Bankruptcy
Fear of almost anything
Yes, there is plenty of fear in the market these days to fuel the price of gold. 2018 could be "the year" of precious metals, as well as gold stocks like AUL. Investors will not get rich holding commodities like gold, but they will preserve the wealth they have, while just about everything else could be at risk of falling if we see a recession or stock market "reset."
AUL Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held