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Gold and the Debt Crisis

Gold and the Debt Crisis

In the weeks leading up to the debt crisis in 2011, gold rose $400 an ounce to hit its nominal all-time peak of $1,895. The 2011 debt crisis was the one in which we came so close to defaulting on our debts that rating agencies downgraded the nation’s credit score. It...
China and Gold

China and Gold

An edited version of this post appeared in the print version of The Wall Street Journal Asia and the U.S. edition of WSJ.com Concerns are rising that the Chinese economy is headed for a hard landing. That would have implications for many markets, including gold....