Why Gold Is Suddenly the Hot New Safe Bet

Heads up: Wall Street just got a reality check after Moody’s downgraded America’s credit rating. Translation? Even the so-called safest place to park your cash—US government bonds—just got a little less safe. Investors are swapping out their dollars and bonds for gold, which is spiking in price. If you’re worried about your 401(k), now’s the time to double-check where your money’s hanging out. Sometimes, even the 'safe' options can get a little shaky! #MoneyMoves #Investing101 #GoldRush #MarketWatch #Business