As someone that personally owns gold, I can appreciate those with a healthy dose of skepticism. After all, the day I am without doubt is the day I should probably sell my gold. To appease my skepticism, I spend a lot of time digging through data trying to prove my thesis wrong. To be frank, I really don't want my gold holdings to perform well in the same way I really want a payout from my house insurance. Nevertheless, I own both and hope neither are needed.
Reality is unfortunate. Each time I try to prove myself wrong, I uncover the frightening truth. My latest attempt to paint a glowing picture of the world turned up these 5 scary charts that left me hugging my Kruggerands.
Let me explain ...more
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