If Forbes contributor Jesse Colombo is right about how the economy is just ahead of another serious jam, what investments might be the best place to stash hard-earned money? Well, if we look at the last time around for a recession — in that 2006 to 2010 period — one of the best performing assets involved a well-known precious metal.
Will they act the same way if another economic squeeze unfolds? I don’t know, but it might be interesting to examine how the metal performed the best during the last difficult period and see how they might be setting up for whatever comes next. Here’s the monthly price chart of gold continuous futures contract during the last recession period with the slightly before and slightly after included.
KEFI Minerals plc (LON:KEFI) is focused primarily on the advanced Tulu Kapi Gold Project development project in Ethiopia, along with its pipeline of other projects within the highly prospective Arabian-Nubian Shield.