In this morning’s gold news, the metal appears to be drifting — and the underlying conditions are iffy. So probably… no gold trading today. Let’s turn to the mailbag for inspiration.
One popular question for your friendly Gold Enthusiast is “Why are some people always so bullish on gold?”
There are of course many answers to that. In terms of gold news, the most common answers revolve around its store-of-value function: Basically, gold is scarce and it’s verifiable. So it is both valuable in its own right AND we can tell gold apart from imposters.