Gold as a Crisis Asset
Research article in preparation
This article is not available yet
The historical analysis and interactive charts have not been published. Explore gold and other commodity exposures or read our published articles.
About this page
Gold has no earnings, no yield and no management team, which is exactly why it behaves differently from everything else in a portfolio. The planned gold article is not yet available. Use the linked market tools to explore historical prices and portfolio allocations.
The useful question is not whether gold is good or bad, but when it has helped. Look at what it did while inflation was accelerating, what it did once the Fed began cutting, and what a small allocation would have done to an ordinary stock and bond portfolio across full decades.
Is gold really an inflation hedge?
Over very long periods it has broadly kept pace with prices, but the year-to-year relationship is loose. Most of its work has come during the onset of inflation shocks and during crises of confidence, not steadily.
How much gold should a portfolio hold?
That is a personal call, and the planned article is not yet available. Test a specific weight in the portfolio backtester and watch what it does to the worst year, not just the average.