This Should Have Been a Great Year for Gold. Here’s Why It Isn’t.

prices this year. Instead, the opposite happened.

The most actively traded gold contract is on pace to decline for six consecutive months, with a loss of 14% through that period so far. That is a significant drop for an asset that is supposed to be a haven and marks the longest losing streak since September 2018, when prices fell 9.9% over six months.

Source: News Formal (newsformal.com)

we should never have to listen to another gold commercial on tv or radio ever again

Platinum and Palladium is a better buy nowadays.

Surprised WSJ article didn't mention the possibility that bitcoin and other cryptos have hurt the price of gold.

S&P down close to 29%, BTC down 60%. Gold is looking good by comparison.

Gold is not, and never has been, a particularly great investment. As Buffet once said- it’s metal. It doesn’t have earnings. It doesn’t pay a dividend. That said, it is an infinitely better investment than crypto.

Gold is fiction. Who is the greater fool? Same w silver. A coterie of nobodies promote the scam.

'Continue reading your article with a WSJ membership' Fck that!

Sounds like there is a element of the maturity amongst wider investors.

goldcels seething

S&P500 is down 18%

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