AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Is Gold a Great Asset?
Gold has been in a real drawdown since the 80s. It's really volatile and it has pretty substandard returns, which can go on for a long time. If you do back tests of these strategies, then adding gold has in the past eased some of the losses when equities fall in a lot and bonds have fallen as well. But I think if you do want to build a portfolio that does well based on any kind of macroeconomic environment, something like an all-weather portfolio, should certainly consider including gold in it.