Debunking Gold

Let’s debunk the theory behind Gold rising as a store of value and an outright beneficiary of “money printing”.

Over the past 5 weeks, (since June 15th, which was an interim low across many commodity prices) Gold has only risen 8%.

Over the same period, Silver has surged 30%, Platinum & Copper advanced 16% and Brent Crude has climbed 15.7%.

You just don’t find the same zealots and blinded fanaticism in the other assets, unlike Gold.

Heck, the price of Coffee and Wheat rose the same amount as Gold.

July 22, 2020
by Rob Zdravevski
rob@karriasset.com.au