Looming U.S. stagflation and gold’s record of multi-year bull runs mean there’s still plenty of price upside

From kitco.com

Even though gold prices have posted outsized gains over the last couple of years, gold bull markets often last many years once they get going, and with a strong chance of U.S. stagflation on the near-term horizon, investors have no reason to reduce their positions, according to Ian Samson, multi-asset portfolio manager at Fidelity International. Samson wrote in a research note that gold has earned its popularity among investors. “It was one of the best performing assets in our portfolios last year, rising 27%, and it’s already up another 28% this year (to 25 August),” he noted. “Despite this, bullish ... (full story)