I have never owned gold. I may have some gold miners in VTSAX or VESAX, but they are extremely small parts of the funds if they are there. Anyway I heard a The Indicator podcast story about why gold prices are rising. The show presents a lot of information that leads to the conclusion that gold may have ups and downs in the short term but over the next several years it will generally be going up. Here’s the link to the show. If you listen to it I would be interested in your thoughts. It is about 10 minutes played at normal speed. (Does anyone listen to podcasts at normal speed?)
https://www.npr.org/2025/10/01/nx-s1-5558443/why-i…
Gold is on fire right now with some gold ETFs outperforming the major stock indexes over the past 12 months. Gold is supposed to be boring, an inflation hedge. But right now, it’s responding to something else. Today on the show, we talk to a finance professor about what’s behind the current gold rush and if gold’s hot streak is built to last.
The fine print: The fact that I am now rethinking gold could easily be an indicator that the metal is about to suffer a major drop. I am usually a pretty reliable investing counter-indicator.