John Authers, Columnist

Gold's Next Big Bull Market May Be Upon Us

Watch real yields and inflation to see if the precious metal’s comeback is part of something even bigger. Plus, the book club’s Minsky moment.

January 7, 2020 at 5:01 AM UTC

Corrected

January 7, 2020 at 5:18 PM UTC

By John Authers

John Authers is a senior editor for markets and Bloomberg Opinion columnist. A former chief markets commentator at the Financial Times, he is author of “The Fearful Rise of Markets.”

Is gold good value? If it’s right about inflation, yes.
Photographer: Stefan Wermuth/Bloomberg

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We have climbed back to the top of the golden cliff. Now, what happens next?