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The Alternatives to Bonds and Shares
I just don't see it as being the safe haven that it's all been seen as for such a long time. The sort of diversification benefit basically disappeared, and that's what we haven't really seen before. Of course, now if you're buying bonds, they're pretty cheap and the yields are higher. There is a bit more of an argument, but if you've been in them at the high, and now you've got to say, well, do I just cut losses?"