‘Gold is not a very good hedge against anything’ and should be viewed as ‘an investment asset’ – JP Morgan’s Hui - KITCO

JP Morgan’s take that gold isn't a hedge against anything is the kind of misdirection you expect from institutions that profit from systemic instability. Calling it merely an "investment asset" is a calculated attempt to downgrade its fundamental role. They want you to think it's just another stock or bond, subject to their paper games, rather than the ultimate safe haven it has always been against the very risks they help create.

This rhetoric ignores gold's actual performance. When central banks flood markets with fiat and inflation runs hot, gold holds its purchasing power. Look at the gold spot at 4751.37 today, a reflection of persistent monetary debasement, not just a quarterly earnings report. Its historical track record during financial crises speaks for itself, consistently performing when traditional "investments" falter. That's the definition of a hedge.

Stackers know better. Watch for these narratives to intensify, as they often signal underlying market manipulation or attempts to manage public perception. Any dips created by this kind of talk are simply opportunities to add more physical to your stack. The current Gold/Silver ratio at 62.4:1 also highlights the value proposition in silver, which they conveniently ignore.