Gold is benefiting from today’s low interest rate monetary climate, and Russ says its diversifying effects mean the metal can be a valuable risk management tool for investors.
I’am advocating gold as a long-term investment and also as a risk management tool. Today, I remain bullish on the metal for two reasons – the monetary climate and gold’s diversifying qualities.
Gold is up nearly 8% this month, outperforming most equity indexes. Gold – more than any other commodity – is a natural beneficiary of the current monetary regime, which is characterized by negative real interest rates.