This article follows up on the introductory article and discusses an evidence-based investing approach to precious metals. The precious metals complex and especially gold is fascinating many investors. Not surprisingly, some bold claims and myths spread around the asset class. There is a widespread belief that precious metals are a safe haven and protect against inflation. We are going to dig into long-term evidence and discuss what investors can realistically expect from the asset class.
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The crucial question is first and foremost, how did precious metals perform in the long-run? Our dataset spans