Old men in suits: “Gold is a great hedge against inflation”
Year-to-date:
Corn +58%
Steel +41%
Crude +36%
Copper +35%
Soybeans +24%
Iron Ore +27%
Nickel +8%
Gold -3%
Cryptos cant dance with a @elonmusk tweet nowadays.
They go up on his tweets and fall on his tweets.
An asset class that follows one man's tweet will replace the world order.....??
Sounds like a fairytale.