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Gold isn't as much of a hedge as most people think. Two papers by Erb & Harvey cited in the podcast: * https://www.nber.org/papers/w18706 https://www.nber.org/
by throw0101a 5y ago
Gold isn't as much of a hedge as most people think. Two papers by Erb & Harvey cited in the podcast:
* https://www.nber.org/papers/w18706 https://www.nber.org/papers/w18706
* https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2639284 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2639284