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This is CBS I In The World, I'm John Baffer, Gold, Physical Gold.

This is from JP Morgan Recommendation.

JP Morgan sees investors moving to gold tech amid recession risk.

The long awaited not yet here recession, depending on the part of the market you're in.

If you're in gold stocks, you're doing well and you don't think it's a recession.

If you're in banking stocks, you're not doing well and you think it's a recession or

worse.

JP Morgan writes, the trade defined as long duration is expressed by being overweight on

gold, gross stocks, such as technology and such, gross stocks, such as technology companies

and currency, short the US dollar.

Investors are likely to favor golden technology stocks as JP Morgan chases in the event of

a recession.

The trade defined as long duration is expressed by being overweight.

The quote, the US banking crisis has increased to demand for gold as a proxy for lower real

...