Cattle (and pigs) outpaced gold last year as an investment but we aren’t likely to see G. Gordon Liddy hawking cows on TV.
Herd mentality: Price gains for cows, pigs outpace gold
“Given all the uncertainty in financial markets, inflation fears, and negative real interest rates, anyone might be forgiven for thinking that gold was the star performer among commodities over the past year,” says Kenrick Jordan of BMO Nesbitt Burns. “Well, it turns out that it wasn’t. It was eclipsed by some much less lustrous counterparts.”
As Mr. Jordan notes, gold has gained a “not-too-shabby” 24 per cent, while hog prices have climbed 29 per cent and cattle prices 25 per cent.
I paint from the top down. From the sky, then the mountains, then the hills, then the houses, then the cattle, and then the people.—Grandma Moses
Addition from Tammy
I hope Pat S. doesn’t mind my adding to her post, but I so enjoyed this video (HT dogbite) that I wanted to share it with all of you on our Cow Wednesday 🙂
Ha! Hilarious video! I was worried there until the end! 🙂
Interesting about Hogs & Cattle vs Gold. Also, love the video!