FYI: The Power of Gold: The History of an Obsession by Peter Bernstein is not a book about why you should or should not invest in gold. Rather, it is an amazing story that takes the reader through the world’s monetary history. With that said, I am pulling out some interesting nuggets (pun intended) where he did talk about its performance. Again, just to hammer home the point that this is not a “why you should or should not buy gold” book, the following passages are from the last 15 pages (the final 4%).
Regards,
Ted
http://theirrelevantinvestor.com/2016/05/24/the-history-of-an-obsession/