What’s The Best Safe Haven For Investors?

What’s The Best Safe Haven For Investors? by Mark Spitznagel, originally posted on Barron’s, Reprinted with permission

We are living through truly unprecedented, risky times for investors. Certainly, global markets have never been more distorted by central bank manipulations than they are today, and investors can only hope that such manipulations will miraculously avoid ending in yet another catastrophic financial crisis.

It is natural that so-called safe haven investments currently seem to be on everyone’s minds, and it is timely to ask the question: Just what makes a safe haven a safe haven? And what’s the best one out there? As someone who’s spent his life trying to create just that, here’s my take.

Clearly, the point of any...