Insights from Tocqueville
Reflections on the Past as Prologue
By Joseph Piropato on January 3, 2018
At the beginning of a New Year there is a tendency, particularly among Wall Street prognosticators, to review the recent past and extrapolate its trends into the near future. At this time twelve months ago many were projecting a continuation of slow but steady growth for the economy, perhaps a little better than that due …Read More
Tocqueville Gold Strategy Fourth Quarter 2017 Investor Letter
By John Hathaway on January 3, 2018
Gold: Connecting the Dots Gold rose 11.63% in US dollar terms in 2017, an excellent year for the metal. More important, it has been the top-performing asset since the dawn of radical monetary experimentation by world central banks in 2000 (better than equities, bonds, and other key commodities). The US dollar, anointed “King Dollar” by …Read More
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