Personal Finance

In One Chart: One look at this chart and even the haters might be tempted to buy some gold

Michael Batnick of the Irrelevant Investor blog readily admits that, when it comes to gold, he’s been “a pretty vocal critic of the barbarous relic.”

So why is he all of a sudden about to devote 10% of his liquid net worth to the “safe haven” investment he’s historically spurned?

The answer lies in this chart: