It appears the safe-haven assets of trader/investor choice during these uncertain times are the U.S. dollar and U.S. Treasuries. The greenback has been appreciating and U.S. bond yields have been rising. Meantime, the price of gold, which is also considered a safe-haven store of value, has been falling. One element for which traders should take note: Recent history shows that when the going gets really tough in the marketplace and anxiety is extreme, gold still generally performs as a safe-haven store of value. In other words, don’t rule gold out as a safe-haven asset despite its underperformance in recent months. Stay tuned. Jim Wyckoff