[quote=deadzone]yes gold is not a convenient investment and really is more of an insurance policy in case the Fed goes totally rogue. That’s in fact why I loaded up on it at that point, because Fed was going rogue in 2009 with QE, bailouts, etc. Well it turns out Fed got away with parabolic money printing for about 12 years. Their run of luck does appear to be running out. You knew it couldn’t last forever.[/quote]
But gold has not performed well. Gold didn’t perform well up to and and until the Ukraine/Russia war, which was not predictable. In fact, when the fed announced raising interest rates, gold did not really move that much on that news. Gold moved a lot recently based on the Ukraine/Russia war.
So I guess where gold makes sense is when we have more wars???
