Gold has long been considered a safe haven during volatile times, especially by “goldbugs” who love the asset for its history and intrinsic value—despite the fact that gold doesn’t offer…
Tag: gold
3 Reasons For The Rise In Gold Prices
Gold prices are up 2.1% to $2,042 per ounce, just 1.5% below the record high of $2,069.40 set in 2020, according to an article in Barron’s. That’s a gain of…
Building an Inflation Fighting Portfolio With Dave Schassler
With inflation returning after being dormant for decades, many investors have had a renewed interest in adding inflation fighting assets to their portfolios. But figuring out how to do that…
Gold’s Awakening May Make Investors Restless
Gold has been quietly outperforming stocks for the last three months, an event that hasn’t happened in 50 years, reports an article in Barron’s that cites research data from Strategas…
Four Hard Investing Lessons From 2022 With Silver Linings
By Justin Carbonneau (@jjcarbonneau) — In Ben Graham’s The Intelligent Investor, he introduces Mr. Market, which is an allegory that is meant to help the reader understand the irrational, groupthink…
Here’s Why 2022 Hasn’t Been A Great Year For Gold
While many investors predicted 2022 would be a good year for gold, the asset is on track to decline for its sixth straight month, dropping 14% in that span of…
Gold Will Hit Record Price In 2022 Predicts Wien
In his annual list of 10 forecasts for 2022, Byron Wien purports that gold will hit a new record this year and gain 20% in price. Gold had a nice…
Palantir is Stockpiling Gold to Hedge Against ‘Black Swan Event’
Palantir Technologies is stockpiling gold bars in anticipation of another “black swan event” according to a recent Bloomberg article. Co-founded by tech billionaire Peter Thiel, Palantir—which makes software used by…
Goldman: Gold Won’t Be Harmed by Bitcoin Popularity
Although Bitcoin may be “pinching some demand” from gold, Goldman Sachs says the “precious metal’s standing will endure.” This according to a recent Bloomberg article. “Gold’s recent underperformance versus real…
For First Time in Decade, Central Banks Sell Gold
Central banks became gold sellers for the first time since 2010 “as some producing nations exploited near-record prices to soften the blow from the coronavirus pandemic.” This according to a…