, Columnist
Ignore Gold's Message At Your Peril
Gold loves chaos.
Photographer: Brendan Thorne/Bloomberg
When he ran for president in 2016, former Florida Governor Jeb Bush said Donald Trump Is “a chaos candidate” who will be “a chaos president.” Bush was prescient. Yet what we didn’t know at the time was that the turmoil unleashed during Trump’s first term leading the US from 2017 through 2020 would be just a preview of the chaos that has marked his year-old second term.
For global financial markets, dealing with chaos means turning to gold, identified throughout history as protection against political instability, unbridled inflation and currency depreciation.
