by Monty Pelerin
Monty Pelerin’s World
There are two ways to invest directly in gold: Gold and Gold ETFs. Gold mining stocks are an indirect way to do so.
Why invest in gold?
Gold is considered a safety asset. That is, it is expected to hold its value reasonably well through different economic scenarios. In general it does so. It is not a perfect hedge, but nothing is. As demonstrated over many centuries, it is the best imperfect hedge.