This is a quintessential moment why gold should be in everyone's portfolio, says Joseph Cavatoni, Head of Americas for World Gold Council. He points out there are big risks, unpredictable market forces at play, and things we don't know how to assess, and gold will protect on the downside. Rates are on everyone's mind, and will put downward pressure on the gold market, he explains. Gold should looked at as a safe haven, he adds. There are still a lot of major risk factors at play including inflation, stagflation, and supply chain issues, he says. Silver (/SI) has been elevated and copper (/hg) is at an all-time high. Joseph and Ben discuss the year-to-date $11.2B new inflows into worldwide gold ETFs.
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