At $2500, Gold Remains Kryptonite For Financial Advisors | Peter Grandich

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Gold is above $2500, but the mainstream financial sector still treats it like "kryptonite," says Peter Grandich (https://petergrandich.com). Gold has significantly outperformed stocks and bonds since January 1, 2022, continuing a trend of superior performance over the stock market since the start of the millennium and over bonds for the past 50 years. Despite its impressive track record, gold remains undervalued in Wall Street circles, often treated with skepticism. The recent surge to $2,500 per ounce underscores gold’s strength, though it's still not fully embraced in mainstream portfolios.