If You’re Looking For Bubbles, Don’t Look At Gold Coins
Of all asset classes in today’s markets, gold is unique. And for a number of reasons.
Firstly it acts as a long-term hedge and a short-term flight to safety instrument against virtually all other asset classes. Secondly, it supports a wide range of instruments, including physical delivery (bullions, coins and jewellery), gold-linked legal tender, gold-based savings accounts, plain vanilla and . . .