Digging for Answers on Why Gold is at a Record High
Gold prices are at all time highs as the precious metal is having another moment in the sun amid geopolitical uncertainty, sticky high inflation and the highest interest rates in over 20 years. Louise Street of the World Gold Council, a membership organization of some of the biggest gold miners and companies in the world, explains why investors are leaning back into this historical store of wealth. Plus, the biggest stocks in the market are fading as the rest of the market plays catch up. Is this the sign of a healthy bull market, or a late-cycle fade in this historically strong bull market. LINKS FOR SHOW NOTES: https://www.investopedia.com/why-did-gold-prices-hit-all-time-highs-8604361 https://www.garzarelli.com/ https://www.investopedia.com/feb-2024-jobs-report-8606247 https://www.investopedia.com/what-to-expect-in-the-markets-this-week-8606449 https://thegoldenthread.gold.org/ https://www.gold.org/what-we-do https://www.gold.org/news-and-events/press-releases/geopolitical-and-economic-uncertainty-bolster-gold-demand-and-prices https://www.upjohn.org/labor-leverage-ratio