---
title: "George Noble urges shift from bonds to energy and gold"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286919874.md"
description: "George Noble warns investors to avoid long-dated bonds due to rising yields and inflation, advocating for energy stocks and gold miners instead. He cites strong cash flows and underinvestment in oil as key factors. Geopolitical tensions, particularly in the Middle East, have pushed yields to decade highs, increasing inflation risks and challenging traditional investment strategies."
datetime: "2026-05-19T13:15:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286919874.md)
  - [en](https://longbridge.com/en/news/286919874.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286919874.md)
---

# George Noble urges shift from bonds to energy and gold

Investor's stark warning: George Noble says investors should 'run, not walk' from long-dated bonds due to rising yields, inflation, and fiscal deficits. Alternative bets rise: Noble favors energy stocks and gold miners, highlighting strong cash flows, underinvestment in oil, and undervalued mining shares. Geopolitics fuel pressure: Middle East tensions and war in Iran have driven yields to decade highs, raising inflation risks and challenging traditional 60/40 portfolios.

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