The gold standard is a monetary system in which gold is used to guarantee the value of a country’s currency. It was a typical measure in the 20th century to ensure that a country’s money was “good.” ...
Gold hedges against inflation as well as economic and political instability. Gold also has a low opportunity cost to carry in 2025 with almost all other asset classes overvalued relative to future ...
Another unusual aspect was the backdrop of rising yields and a strong US dollar. Gold used to be inversely correlated to yields and positively correlated to bonds (TLT), but this relation seems to ...