How Gold Gets to $10,000/Oz.

May 14, 2016

Is gold a commodity, an investment, or money?

The answer is…

Gold is a chameleon. It changes in response to the environment.

At times, gold behaves like a commodity. The gold price tracks the ups and downs of commodity indices.

At other times, gold is viewed as a safe haven investment. It competes with stocks and bonds for investor attention.

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