Some Quant Support for Gold
Posted: Tue May 31, 2022 12:07 pm
I'm reading "Investing Amid Low Expected Returns: Making the Most When Markets Offer the Least" by Antii Ilmanen and gold actually gets a reasonably positive plug for being a good diversifier. He is a quant PhD and is a researcher (the senior researcher?) at AQR.
Quantitatively the evidence is gold is correlated to real interest rates. I don't have the book with me right now so I can't post the specifics.
In any event...he wouldn't have put this in his book if it didn't have some solid evidence behind it. If you've read either of his books you'll know what I'm talking about.
(cross posted in the inflation thread)
Quantitatively the evidence is gold is correlated to real interest rates. I don't have the book with me right now so I can't post the specifics.
In any event...he wouldn't have put this in his book if it didn't have some solid evidence behind it. If you've read either of his books you'll know what I'm talking about.
(cross posted in the inflation thread)