Places to Hide in a Stock Market Crash: The Golden Safe Haven
This might seem like an exercise in the obvious, but if this market starts to correct and/or crash, then one of the best places to hunker down and ride out the aftershocks will be gold.
The yellow metal has proven its mettle as the metal of choice for investors seeking shelter from the storm, as gold has traditionally been viewed as one of the best, and most stable, stores of monetary value.
To get long gold, you can buy the physical metal via bullion, coins, jewelry, etc., but that’s not how I would play it. I prefer the modern way to get golden, and that’s via the SPDR Gold Trust (ETF) (NYSEARCA:GLD), an exchange-traded fund (ETF) pegged to the spot price of gold bullion.