DevFortuneabout 2 hours ago
A value investor's reluctant case for gold
5 min read
Vitaliy Katsenelson now favors gold as a portfolio position due to U.S. dollar risks: 6% peacetime budget deficits, debt interest exceeding defense costs since 2024, and eroded global trust. Gold offers no cash flows but has no registrar, jurisdiction, or counterparty.
Level
Hype check
Tap to vote and see what everyone thinks.
Summary by ByteBrief
