Gold: Come On, Admit It - You Want Own It

(July 26, 2018 - by Tyler Durden)

One of my buddies likes to bug me about my gold views. “For a not-completely-dumb guy, you sure have a boneheaded love of that stupid yellow rock.”

Yeah, I get it. It’s my hidden shame. But a part of me feels I am simply brave enough to say out loud what we all feel. Kind of like that other thing that no one says they do, but which everyone does. Don’t bother telling me you’re different - I don’t buy it. My favourite kind of person? That one buddy who instead of denying it, just owns it. When he unabashedly not only admits to doing it, but brags about it, you can’t help but smile.

Well, I am hoping my love of gold squeezes that same sort of smile from you.

In this world of bat-shit-crazy central bank policies, a smidgen of the asset that has maintained its status as a store of value for thousands of years seems prudent.