InvestmentFranco-Nevada and the Royalty Model: Why Royalty Companies Beat Miners
Gold mining stocks underperform gold itself over most multi-decade windows. Royalty companies do the opposite. Here is the structural reason why.
May 10, 2026
Tag: #Long Term
Investment
InvestmentHarry Browne's Permanent Portfolio: Why 25% Gold Made Sense in 1981
Harry Browne built a portfolio designed to survive any economic regime. Forty years later, the strategy still works, though the implementation has evolved.
May 10, 2026
InvestmentHow Much Gold? Backtesting 5%, 10%, and 20% Allocations Across 50 Years
The case for any specific gold allocation should rest on data, not feelings. Here is what 5%, 10%, and 20% gold portfolios actually delivered from 1972 to 2024.
May 10, 2026
GeopoliticsChinese Gold Consumption: Why the World's Largest Gold Buyer Keeps Buying More
From Shanghai Gold Exchange withdrawals to the explosive growth of investment-grade bars, Chinese gold demand is reshaping the global market in real time.
May 8, 2026
Gold MarketsIndian Wedding Season: How Religious Tradition Drives 25% of Global Gold Demand
From Diwali through to the spring wedding season, Indian households absorb hundreds of tonnes of gold. The seasonality is real and it shapes global price action.
May 8, 2026
InvestmentTax Treatment of Gold in the US, UK and EU: What Investors Need to Know
Gold is taxed differently almost everywhere — and the differences can wipe out the diversification benefit if ignored. A practical comparison across three regimes.
May 8, 2026
Investment5%, 10% or 20% Gold? Picking the Right Allocation for Your Portfolio
Allocation ranges sound arbitrary until you understand what each level is actually hedging. A practical guide to sizing gold by goal, horizon and risk tolerance.
May 8, 2026
GeopoliticsSovereign Gold Reserves Ranked: Who Holds the Most and Why It Matters
The United States still tops the list at 8,133 tonnes, but the gap is closing. A country-by-country breakdown of the world's largest official gold holders.
May 8, 2026
Gold MarketsThe Gold-Silver Ratio: When 80, When 100, and What It Really Tells You
From 15:1 in the bimetallic era to 125:1 during the COVID panic, the gold-silver ratio is the most misunderstood signal in precious metals. Here is how to read it properly.
May 8, 2026
Gold MarketsShould Gold Replace Part of Your Bond Allocation? The Real Math
With sovereign bonds offering negative real returns through much of the last decade, allocators are asking whether gold deserves a permanent home in the fixed-income sleeve.
May 8, 2026