Should I buy gold when stocks go into a bear zone? Maybe. Although the issue is better so not to, because they do not exist in the nature of a universal asset to be universally suitable in any hedge portfolio for any situation with the shares - based on AMarkets.
It would be interesting to see how it behaves in the gold while shares fall. If you look at the dynamics of the market, since 1971 (the time of President Nixon and the last period of the dollar peg to gold - the dollar after the 71 th yellow metal has ceased to be provided), you can see interesting patterns. And by the way, in May 70 th year, the S & P had just got out of the bearish trend.
How to behave gold mdevezhh for stock markets? Let's look at the chart:
This table income for stocks and gold in relation to periods of downward trend on the stock market:
At intervals of 5 previous bear markets, investment in gold made sense, as can be seen from the table. The only exception - November 1980 to August 1982 - then the price of gold was not simply drop a significant drop.