My whole model of gold was one sentence: it just sits there. Stocks earn, bonds pay, gold does nothing. Everyone I trusted seemed to agree, so I ignored it. Then it had one of its best runs in a very long time, and I got curious. So I pulled up what a few genuinely respected investors have said about it recently. Not gold bugs. Actual money managers. The interesting part is that the smartest ones don't land cleanly on a side. Jim Grant basically says the case against gold is close to irrefutable
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