April 18, 2022

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

Gurus’ Wisdom Shattered

Please click here for a chart of gold ETF (GLD).

Note the following:

• The chart compares gold to bitcoin, bonds and the dollar index.
• Over the last few years, a majority of gurus have been stating the following wisdom.
  • Gold was obsolete.
  • Gold was replaced by bitcoin.
  • Gold was no longer a hedge against inflation.
  • Bitcoin was the new hedge against inflation.
  • The stock market would continue to go up.
• If you were to ignore the gurus over the last couple of years, the following conventional wisdom has been true.