Your Money will Die with Gold
Photo by Luke Southern on Unsplash
Historically, people have held gold in times of political unrest and increased money printing. In 2020 we had both. If you wanted a year where gold should have performed, 2020 was the year. But it didn’t.
Why didn’t gold explode up?
Gold bug Peter Schiff thinks that investors haven’t woken up to reality. He thinks they are too willing to believe the Federal Reserve’s claims that inflation is transitory. But are investors really as blind as he thinks?