![HUGH HENDRY: Buying Gold Miners is Sheer Insanity [VIDEO]](https://www.valuewalk.com/wp-content/uploads/2021/07/clost.png "HUGH HENDRY: Buying Gold Miners is Sheer Insanity [VIDEO]")
“I’ll tell you my thinking. That was a wonderful trade for five years leading to the end of 2008. It’s been a profitable, but less predictable trade since the intervention of Quantitative Easing in March 2009. So there is an argument for market observations that Quantitative Easing has fortified the S&P versus the performance of gold, but that also may be from the beginning of 2009, gold was so fantastically ahead of itself.”
theeconomist on livestream.com. Broadcast Live Free
H/T: valueinvestingworld
