My Comment: Gold should be a lot higher. Of course, one could always buy into the RE bubble at the top by paying $2.5M when the ask is $1.5M or you could by NFTs for gazillions.
Excerpt: This is where gold comes in. Volatility is destroying capital in equity markets. At the same time, investors are losing money with their bond investments as yields rise. With few places to turn, investors are embracing gold as an inflation hedge and safe-haven asset.
One report that stood out for us came from Société Générale. The French bank said it is holding a 10% maximum position in commodities in its Multi-Asset-Portfolio. Half of that position is in gold.
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