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Warning! ASX investors might be turning away from the share market – Motley Fool Australia
There are growing signs that ASX investors are buying up bitcoin, gold and government bonds. What does this mean for ASX 200 shares?
It’s another ho-hum sort of day on the S&P/ASX 200 Index (ASX: XJO).
At the time of writing, the ASX 200 is down around 0.22% to 6,007.1 points. Since 21 July, the Index has lost 2.4%, going off today’s numbers.
This might not seem important at face value. But a few other recent developments in the world of investing have turned my head.
Firstly, gold this week broke its all-time high of US$1,921 an ounce that was last set back in 2011. Since Monday, gold has reached new heights, trading …
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