Gold Rush or Fool's Gold? A Reality Check
Update: 2025-10-14
Description
Gold prices are soaring, hitting record highs as investors flock to it as a safe haven amid inflation and global unrest. But Tulane finance professor Peter Ricchiuti warns it's a bubble, not an investment, comparing it to Bitcoin and the greater fool theory. He argues gold lacks real-world utility and long-term value compared to investing in solid companies. Is gold a smart hedge or just a shiny distraction?
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