Gold is for War. That is why governments stack it - gold is for bullets, tanks and ships when the chips are down. So, it is not a happy moment to watch gold go vertical.
The article from Forbes, published on February 18, 2025, discusses the current boom in gold prices, suggesting that geopolitical tensions reminiscent of World War III scenarios are driving investors towards gold as a safe-haven asset. It highlights how gold has historically been a refuge during times of economic uncertainty and war, with prices surging due to fears of global conflict, inflation, and currency devaluation. The piece advises investors to consider gold not just as a hedge but as a strategic investment, given the current climate where traditional investments might be at risk. It also touches on the diversification benefits of gold, its role in portfolio management during crises, and the potential for gold to act as a stabilizing force in an investor's portfolio amidst rising geopolitical risks.