Money is rotating into bonds, money markets and precious metals because the era of 20% to 30% stock-market returns can’t last forever, LaValle said.Gold serves as an “insurance policy. You don’t cancel it when the premium rises, and you don’t double down when it pays out,” he said. “You rightsize it, you hold it and you let it do its job.”Despite record highs, the investment case for gold hasn’t changed, Louis LaValle, co-founder and chief executive officer at Frontier Investments, told MarketWatch. “Every ...