Gold is no longer the safe haven. Inflation is set to remain stuck at higher levels with the destroyed infrastructure in the Middle East that would take years to recover. The hopes of a rate cut is diminishing and this would put a curb on gold prices rising. To me, gold and silver have always been speculative in nature that depends on the supply and demand ratio and have no real growth value of their own. I would prefer to keep away from them.


Oil and gas is similar to gold and silver as these are commodities. A lot of the prices depends largely on how the war goes. Since there is no way I can predict that, I do not want to risk being trapped at the currently already high prices in case the war ceases. Based on the current risk ratio, I prefer to wait it out for further price action, and prefer to buy stocks when there are further price discounts. For now, stocks, oil, gas, gold and silver are all too expensive for me to justify buying.