You were right on gold. It is down, down.
You were right on gold. It is down, down.
I cannot recall I said “down, down”. What I did say was that my preferred investment is real estate and compared gold performance to it… No contest. NOTE: Yes, gold had its worst month since late 2016. But understand that when rates rise, assets without return fall. So, as long as 10 years bond rates head towards 2% (no one – other than Michael Campbell – forecast the 1.68% we have today), pressure on gold could continue to be down.
