Gold investment is soaring after last month’s extraordinary stock panic! The terrible losses that inflicted helped stock-heavy investors remember the wisdom of prudently diversifying their portfolios with gold.
After the last stock panic, gold investment demand remained elevated for years as investors upped their paltry allocations. Another similar secular shift is likely in coming years, but much bigger.
Governments are trying to paper over tens of millions of lost jobs with vast money printing far beyond anything ever witnessed. This extreme inflation is wildly-bullish for gold investment.