NEMETHY: The case for gold today – again

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By Les Nemethy CEO and founder of Euro-Phoenix Financial Advisors The last time I wrote about the case for gold was in April 2021. At the time gold was sitting around a price of $1,700, and as of December 10, 2022 it is now approaching $1,800. You may consider this to be an unstellar performance, and the author to be in an incurable gold bug. Before jumping to these conclusions, consider the following: Relative to just about every other asset class (e.g. debt and equities each down 20 or so percentage points over the time horizon) this is not a bad performance!When you consider that over the s…

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