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MI235: Investing in Uncertain Times w/ Louis Gave
Millennial Investing - The Investor’s Podcast Network
The Performance of Gold This Year Is Disappointing, Right?
Gold has done fine in pretty much every currency except the US dollar. The main explanation for this is that we now live in a world where most of the physical demand for gold comes from emerging markets. When emerging markets do well, as they did from 2001 to 2011, the gold booms. Every guy getting richer in Jakarta or Bangkok or Beijing or Lahore or wherever else, he'll put it into gold.
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