Gold (GLD) bubble pops: Where to put your money now? (JNJ, BMY)

As Gold prices post a triple digit fall today, I find myself asking this question: Where is the next safe-haven? Funds are being diverted from Gold to other investment instruments - and I want to get in there quick before the next bubble forms.

Some say smart investors are going to get into Silver (SLV), however, I think the metals are played our right now. Another option is T-bills or cash, but obviously with interest rates as low as they are now, money manager will not be able to beat the S&P 500 on these meager returns.

Personally, I think there is going to be a big influx of money back into equities. Where else to go but safe-haven dividend paying stocks such as Johnson & Johnson's (JNJ) 3.48% dividend yield and Bristol-Myers Squibb Co (BMY) 4.57% yield?

Johnson & Johnson (JNJ) shares have traded between $56.99 and $68.05 over the past 12 months. J&J shares are now trading with a P/E Ratio of 15.6 and EPS of 4.18. Johnson & Johnson 's (JNJ) shares closed at $65.57 today and are 4% from its 52-week high.

Over the past 12 months Bristol-Myers Squibb Co (BMY) shares have traded between $24.97 and its 52-week high of $29.73. Bristol-Myers shares are now trading with a P/E Ratio of 14.9 and EPS of 1.92. BMY shares closed today at $28.93 and are 3% off its 52-week high.