Gold has underperformed the S&P 500 index for the past five years. SPX has delivered 46 percent in that time, and gold has lost 1 percent. In the next 10 years gold is one of the best contrarian plays.
Also, digital tokens backed by physical gold. Millennials are looking for a store of value that’s also convenient. They are interested in new technology and blockchain and using a digital wallet. But unlike Bitcoin and Ether, whose prices trade wildly, gold-backed tokens have an intrinsic value and should be a lot less volatile.
On my radar: Santa Clara-based Emergent Technologies Holdings, a company which is creating the world’s first digital token called G-Coin backed by gold produced in accordance with World Gold Council and Responsible Jewelery Council standards. The resulting gold can be tracked from mine to vault using blockchain. (https://www.gcoin.com/)
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