Tuesday, March 12, 2013

Gold languishing

I wrote some pieces in 2010-11 expressing some skepticism about investing in (or basing monetary policy on) gold. See here, here and here. Events since then have not given me a whole lot of cause to change my mind. See Quartz: "Gold is the worst investment of 2013."

UPDATE: "How the US Dollar Staged an Incredible Comeback and Humiliated the Doomsayers."

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