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By Mark Hulbert If gold is such a good hedge against geopolitical uncertainty, why has it been such a mediocre performer in the wake of Russia’s invasion of Ukraine? Contrarian analysis solves what is otherwise emerging as one of the biggest investment mysteries of 2022: Why, if gold is such a good hedge against geopolitical uncertainty, has it been such a mediocre performer in the wake of Russia’s invasion of Ukraine? Since Feb. 24, the day of the invasion, gold bullion has risen just 1%. That’s despite the very real threat of World War III, including the possible use of weapons of mass destr…
