CME Group/Jim Iuorio/4-28-2023
“These and other factors have drawn increased attention to the gold market, where options on gold futures have reached record trading volume in 2023. Gold is believed to perform well in times of economic stress. But does it? Let’s look at history to tell us how gold performs under three scenarios – inflation, recession, and stagflation.”
USAGOLD note: As it turns out, gold can perform well under all three of the scenarios, though the reaction to past inflations has been mixed…… Iurio offers a detailed review of the metal’s performance and the rationale for owning under each scenario.
