Owning Gold Is Not About US Hyperinflation Fears

Rupert Hargreaves

Published onJanuary 25, 2018

gold bars 1516245386 — hamiltonleen / Pixabay

Owning gold is back in vogue. Last year the price of the precious metal posted its strongest annual gain since 2010, rising 13.09% to close the year at $1,303 per ounce. And since the end of 2017, gold has continued to rise hitting a high of $1,360/oz this week as the value of the US Dollar has slumped.

This performance means that gold has now outperformed a similar investment in the S&P 500 over the past 16 years. According to analysis from Sprott Asset Management, gold has now posted positive annual performance during 14 of the past 17 years, amassing a...

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Rupert Hargreaves

Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for Hedge Fund Alpha

Owning Gold Is Not About US Hyperinflation Fears

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