– Should I invest my fortune in gold?
– Lessons from gold and silver: Reviewing the research
– What precious metals can tell us about finance?
– What are precious metals and why should we care?
– What size of market and how evolved over time?
– Long and detailed history of gold and silver as money
– What does a tonne of gold look like?
– Research on precious metals including volatility and inflation
– Where produced and where demand from and how evolved and who studying precious metals
– Game of Thrones & Scrooge McDuck’s gold and the Hyperinflation of Smaug
– Gold and silver manipulation – ‘Was the fix a fix’?
– Gold a ‘permabubble’ or in correction?
– Gold costs $1,000/oz to mine so unlikely to fall below that level
– Drivers of retail coin and bar investment
– How does sentiment and mood affect precious metals?
– Why do central banks continue to buy and hold gold?
– Historical studies of precious metals
– How much to hold and when?
– Gold is proven safe haven – rises sharply when uncertainty and in economic crisis
– Research says 10% a good allocation; 30% is high
– Silver similar – 1% to 5% and 10% allocation good in crisis
– One of Ireland’s great exporting services, small to medium size enterprise (SME) is here in the form of GoldCore and can help
– Do not spend too long staring at and obsessing about gold or might turn into Gollum
– Question and answer session
How the economics of gold and silver can help us understand the challenges facing financial economics and whether we should invest in gold and silver was explored in an inaugural lecture by Professor Brian Lucey, Professor of International Finance and Commodities in Trinity Business School.
In the lecture, entitled Golden Opportunities: What precious metals can tell us about finance, Professor Lucey examined the research space in the financial economics of precious metals.
This post was published at Gold Core on May 25, 2017.