Watching FOX Business, gold was mentioned by Maria Bartiromo and how well it’s doing. Course the guy on her panel trashed it. He’s a younger guy and can’t be blamed for feeling like a “horrible investment” as he said.
This is the first mention of gold in the media that I’ve heard. They did have a guest on a few days ago that said everyone should have at least 10% of their portfolio in gold but that’s it. If investors actually followed his 10% guidelines, gold would be $100K.
Seems to me if the smartest guys in the room aren’t talking about gold, maybe they’re accumulating it.