The problem with this trend is that returns are low, with many investors now willing to pay for the privilege of lending money to governments who enjoy safe haven status. (cnbc.com)
In their September 2013 paper entitled «Time Variation in Precious Metal Safe Haven Status — Evidence from the USA», Brian Lucey and Sile Li compare and contrast the effectiveness of four precious metals (gold, silver, platinum and palladium) as safe havens from sharp declines in U.S. stocks (the S&P 500 Index) and U.S. bonds (a 10 - year U.S. Treasury note index). (cxoadvisory.com)
An investor flight to safety could also push up the loonie and its perceived safe haven status. (moneysense.ca)