Gold is having its “precious” moment, soaring more than 40% this year — its best run since 1979. But is it really the safe-haven hedge investors think it is? In this episode of The Fastest 4 Minutes in Finance, Scott Inman breaks down:

Before you rush to buy, remember: gold is speculative, volatile, and doesn’t produce earnings or dividends. The bottom line? It may play a role in your portfolio, but it should never be driven by fear.