Gold and gold equities performed well in 2019, up +20% and +40%, respectively. We’re longstanding gold bulls at Grizzle, as Chris Wood stated in his inaugural outlook piece - gold is the only practical way to hedge the inflationary risks associated with central bank quantitative easing (i.e. Our Preferred Way to Play the Yellow Metal: Gold Stocks When the economic and geopolitical outlook is uncertain gold is the asset that has historically preserved value - the numbers prove this applies for Middle East oil conflicts as well. The economic uncertainty related to these wars is a far more powerful force. While oil might seem the obvious no-brainer Middle East conflict play, the numbers simply don’t back it up. ![]() ![]() Source: YCharts Bottom Line: Gold is the Asset to Own During Conflict
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