US EditionGold at $4,000? Edward Meir on What’s Driving the Bull Run
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Few investments have performed as well as gold this year (with the possible exception of the Prague Stock Exchange). At the end of September, it crossed the $4,000 per ounce mark for the first time in history and has gained more than 55 percent since the beginning of the year. Is there any point in investing in gold anymore? Aswath Damodaran, a respected financial...
Gold at $4,000? Edward Meir on What’s Driving the Bull Run
Gold has traditionally been a safe haven during economic uncertainty. How do you see its role evolving in the current macroeconomic environment, especially with shifting interest rate expectations? Gold has really come into its own recently. For many years, it was lagging—doing very little. I remember around 2015–2016, prices were quite depressed. Even major speculators like John Paulson, who had accumulated large gold positions, eventually gave…
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