by Peter Schiff, Schiff Gold:
Despite a lackluster June, the price of gold rose 5.4% through the first six months of 2023 and was the second-best performing asset class behind only developed market stocks.
Gold closed at $1,912.25 on June 30.
Gold outperformed emerging market stocks, the US dollar, US bonds, global bonds, commodities and oil. The only asset class that outperformed gold in H1 was developed market stocks thanks to what Peter Schiff called a bear market rally.