Emile Woolf: Golden Years

The unstoppable rise in gold prices reveals a worrying lack of investor confidence in currencies, says Emile Woolf

There is nothing intrinsic to gold that explains its seemingly unstoppable rise in price. It is certainly beautiful, even transporting in strong light, and primitive races worshipped it as an earthly reflection of the higher worlds. But as an investment it is strictly in the non-performing class, until you sell it.

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