Gold is unique among financial assets—it has no cash flows and 'does nothing'—so thinking about it like any other financial asset misses the point and requires a distinct framework that does not center on price.
definitionpending
Speaker
Grant WilliamsEvidence Quote
“it's unlike any other financial asset. It's it's unique in many many ways. And so given that, you need to find a unique way to think about it.”
Source
Grant Williams and Matt Geiger: Investing During Crises and Navigating a Spirited Metals Market— CLEAR COMMODITY NETWORKCreated: 6/18/2026, 1:59:07 PM
My Notes
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