Dismissing Gold In The Past Led To Some Hard Lessons
November 26, 2021 at 10:00 AM EST
By Frank Holmes, U.S. Global Investors Back in December 1997, the Financial Times ran a now-infamous article titled “Death of Gold.” In it, the author Kenneth Gooding claimed that as an investment, “gold is a goner.” The crises of the past 10 years—the 1987 stock market crash, the Gulf War, Asia’s...