Originally Posted by
kib
There used to be a pretty reliable inverse relationship between gold and conservative bonds, and stock. To my way of thinking, money would get shifted from conservative investments to risky ones if the market /economy / jobs outlook seemed to be on a roll, pushing up stock prices and dropping those of less desirable gold and bonds in a bull market, and vice versa if it looked shaky. I am seeing no decline in the cost of purchasing conservative investments, which makes me think this vast influx of stock investing money is New money, not reallocation. Where's it coming from? If it's new money, can we trust it and ride its coattails up up up, or is this another untrustworthy bubble? diced-up supbrime mortgages that turned out to be a Whole lot less risk-free than perceived thanks to improper rating was a primary cause of the 80s mess. ... I'm trying to "follow the money" this time and I just don't have enough knowledge / info to do it ...