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Gold has performed dramatically this year, in response to the Covid-19 epidemic, economic restrictions, and political concerns, but above all to central bank responses to these difficult times. Adrian Day explains why gold responds the way it does to crises, and what we might expect going forward. He also argues that gold stocks remain very undervalued.
Adrian Day, London School of Economics graduate, heads Adrian Day Asset Management, specializing in global diversification and resource equities. Mr. Day is sub-adviser to the EuroPacific Gold Fund. His latest book is Investing in Resources: How to Profit from the Outsized Potential and Avoid the Risks.
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