Gold’s status as a safe-haven asset, preserving value amid broad market downturns, is well-established. However, the yellow metal’s historical performance makes an equally compelling argument as a growth asset. Since the abandonment of the gold standard in 1971, gold prices have stayed ahead of inflation and the money supply, while yielding more gains than the stock market. This dual role as a barrier against inflation and a high-performing asset expands many investors’ understanding of gold’s traditional role in a portfolio. Celebrated economist Mark Skousen has described gold as a “superior inflation hedge,” ... (full story)