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Investment professional Linda Eedes talks to portfolio manager, Rashaad Tayob about the resilience of gold in 2024. The conversation dives into the unexpected simultaneous rise of gold and US equity markets, the ongoing fiscal challenges facing the US, and the enduring value of gold as a monetary asset.
(00:59) - Prediction for gold in 2024
(02:56) - Correlation between US equity markets and gold
(04:39) - Gold as a monetary asset
(05:35) - Bitcoin as digital gold
By Foord Asset ManagementInvestment professional Linda Eedes talks to portfolio manager, Rashaad Tayob about the resilience of gold in 2024. The conversation dives into the unexpected simultaneous rise of gold and US equity markets, the ongoing fiscal challenges facing the US, and the enduring value of gold as a monetary asset.
(00:59) - Prediction for gold in 2024
(02:56) - Correlation between US equity markets and gold
(04:39) - Gold as a monetary asset
(05:35) - Bitcoin as digital gold