The chart below looks at gold price quoted in Iranian Rialgold...

The chart below looks at gold price quoted in Iranian Rial

gold charts in most currencies have enjoyed the same type of upward momentum over the last 5 years … so we can understand why people are buying

real estate, blue chip equities, cash feel expensive and now vulnerable to sharp corrections, particularly if your government is on a war footing or printing money like confetti

I am increasingly feeling that gold has actually entered a material long term bull market that introduces a whole new generation of investors to the concept that 5% of wealth in a prudent diversified portfolio should be held/stored in physical precious metals.