Gold is cheap. Inflation is coming. You do the math.
“Compared with stocks and other financial assets, gold looks inexpensive. More important, inflation is starting to pick up in the U.S. and in much of the world as central banks shrink their enormous balance sheets. And gold has represented a good defense against inflation eroding the value of a stock or bond portfolio.”
USAGOLD note: A lengthy, well-written excursion into the benefits of owning gold. Recommended reading from Barron’s. . . . .
Repost from late September but worth the reprise. . . . . .Particularly in light of today’s inflation report