Once more, the gold problem

Like flight attendants do at the commencement of a flight, investment advisors also need to repeat two safety announcements periodically. One is about gold and the other, obviously, about real estate. Thankfully, the last few years have made many savers realise that treating real estate as an investment means putting your money into a bottomless pit. However, gold fever makes a periodic comeback every time gold prices show a little uptick. This time, since the beginning of 2019, gold is up about 20 percent. Given how shaky other investments have been this year, this has excited some savers. However, this is a periodic phenomena in what has otherwise been a very dull investment. The 10-year return of gold is 8.3 per cent at t