Why the ???Barbarous Relic??? Should NOT Be in Your Portfolio

  • by:
  • 08/21/2022

The economist John Maynard Keynes once famously dismissed gold as a ???barbarous relic.???

Keynes was actually referring to the gold standard.

But his inflammatory description reflected his heartfelt sentiment about gold.

Nevertheless, gold has maintained its unique status as both a commodity and a store of monetary value.

Gold is the ultimate safe-haven investment when the stock and bond markets head south.

Everything that is bearish for stocks ??? political instability, inflationary fears, a falling dollar ??? tends to be very bullish for the yellow metal.

All three of these factors helped propel gold prices to one of its greatest runs ever.

Read more about the wisdom of investing in gold right now at Eagle Daily Investor.

Image:
ADVERTISEMENT

Opinion

View All

Leading UK child abuse prevention group accused of grooming children in gender ideology: whistleblower

Julia Marshall, who was with NPCC for over 30 years, said that it was “completely captured” by the LG...

3 arrested over death of migrants attempting to enter UK from France by sea

Two of the men were Sudanese nationals and one was a South Sudanese national....

ROD THOMSON: NPR is irredeemable

Just as changing presidents at Harvard or Penn will not change those institutions, even if Maher is f...

EXCLUSIVE: Mike Davis says Democrat Judge Juan Merchan must recuse himself from Trump trial

"That is a reversible error that's going to get this case reversed on appeal even up to the Supreme C...