Sunday , 12 May 2024

Gold

GOLD: The World’s Best Kept Investment Secret

The world’s best kept investment secret is GOLD: Gold has gone up 7.5X this century; Gold's compound annual return since 2000 is 9.2% compared to a 7.7% (incl. reinvested dividends) for the Dow Jones so why are only 0.6% of global financial assets in gold? The simple answer is that most investors don’t understand gold because governments suppress the virtues of gold.

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Bitcoin Significantly Outperforming Gold Assets

Whether the excitement surrounding Bitcoin is siphoning flows away from gold is unclear, but there does appear to be some disconnect between gold’s price action and investment levels. Historically, the gold price and holdings in gold-backed ETFs have traded in tandem, but starting in 2023, the two began to decouple,

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Grok AI’s Gold Price Prediction For 2024

Grok, an advanced artificial intelligence (AI) model created by xAI, an Elon Musk’s company, is a logical and unbiased algorithm provides valuable insights and below is what it predicts for the rice of gold in 2024.

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