Gold & Stocks Hit Record Highs - The Warning Shot Not Seen Since 1970s

“It’s a phenomenon unseen since the 70s, when inflation and economic upheaval followed close behind,” says Joel Litman, chief investment strategist at Altimetry. Gold and U.S. stocks are both rallying, a rare convergence that signals a market unlike any other.

“Gold can do very well because every other part of the world has turbulence… and yet still have the S&P 500… doing very, very well because they’re driven by earnings and profits,” Litman notes. With hundreds of stocks doubling this year, he calls it a “Goldilocks for gold and stocks” moment—a historic opportunity to balance safe havens with high-growth equities.

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