Gold: Insurance or risk asset?

Gold up, everything else down? Stranger things have been known...such as the four years of strong correlation between gold and the stock market starting in 2003.

It took a while for the financial media to catch on. 'Gold funds fattened on war, global instability and a falling Dollar in 2003,' said USA Today as the next year began.

The paper failed to note that none of those calamities had stalled the equity markets ongoing recovery. 'Gold bugs hope that 2004 will be even better,' it went on, 'but an outbreak of good news could dash those hopes.'

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Adrian has written all things gold related from if it’s worth buying, what the real price of gold should be and what’s the point of gold for MoneyWeek. He has also written for other leading money titles on his gold expertise including Business Insider, Forbes, City A.M, Yahoo Finance and What Investment Magazine. Now Adrian is head of the research desk at BullionVault, a physical market for gold and silver for private investors online.