Market Weekly: The Pivot To Gold Has Begun – Investing.com

Market Weekly: The Pivot To Gold Has Begun – Investing.com

For the past few weeks of what I’m now calling “-Only” bugs for constantly haranguing them about and cryptocurrencies. These are the folks which state only gold can beat the central banks.

I’ve made my position very clear, in a world of digital money and accelerating technology there is room for both assets as stores-of-value for different types of investors and taking a ideological position for either is stupid as well as arrogant.

Like all things, there are reasons why putting all of your eggs in one basket in markets as cocked-up and purposefully manipulated as these is simply bad asset management. Risk is, ultimately, not someone else’s problem no matter how much Wall St. tries to convince of this otherwise.