Gold reached a new high this week, crossing above $2,200 for the first time. Year-to-date, gold is up 8%, and since the end of 2021 it’s gained more than 20%, topping the S&P 500. This raises two questions: Can we expect this rally to continue? And does gold deserve a place in your [...]
To invest in commodities
This week, someone asked me if he should own pork bellies in his portfolio. While he was kidding, this does get at a real question: Should you own commodities? Those who favor investing in commodities typically cite two benefits: First, commodities are seen as a bulwark against inflation. This is [...]