In a recent article for The Wall Street Journal, columnist Jason Zweig laments how wrong he was five years ago when he characterized gold as “a pet rock,” but still…
Tag: gold
Gold Prices Hitting New Heights: A Guide to the Market
A recent article in The Wall Street Journal offers a guide to the gold market, which hit an all-time high during the pandemic. Here are key takeaways from the article:…
Gold-Backed ETFs Seeing Run of Inflows
Investors across the globe are squirreling assets into gold as the coronavirus outbreak spreads, according to an article in Bloomberg. The article reports that late last month the amount of…
Mark Mobius says Buy Gold "At Any Level"
According to veteran investor Mark Mobius, “Gold’s long-term prospect is up, up and up, and the reason why I say that is money supply is up, up and up,” reports…
Ray Dalio: Gold Will Appeal During Global Market "Paradigm Shift"
Billionaire investor Ray Dalio believes that the push by central banks toward policies that devalue currencies is about to cause a shift in investing toward assets such as gold. This…
A First: Sam Zell Buys Gold
In an interview with Bloomberg TV, billionaire founder of Equity Group Investments Sam Zell said, “For the first time in my life, I bought gold because it is a good…
Gundlach Favors a Gold Stock Fund
At the Barron’s 2019 Roundtable held last month, Jeffrey Gundlach of DoubleLine Capital shared some insights: According to Gundlach, there has been an expectation by many that the dollar would…
How Gold Performs in Different Market Scenarios
Proactive Advisor recently published part of a white paper authored by active money manager Flexible Plan Investments regarding what it terms the “gold debate”—a “broad overview of the tangible benefits…
Hulbert: Bitcoin Will Never Replace Gold
In an article for Barron’s, Mark Hulbert outlines the findings published in a paper by University of Chicago economics professor Eric Budish titled, “The Economic Limits of Bitcoin and the…
Egyptian Billionaire Sawiris Invests Heavily in Gold
A recent Bloomberg article reports that Egyptian billionaire Naguib Sawiris has channeled half of his $5.7 billion net worth into gold and has said he believes the precious metal will…