Why we still believe in gold. The worthless asset has a mystical allure

Gold, which John Maynard Keynes called the “barbarous relic”, has become so eagerly sought that even Costco has got in on the business. Perhaps this newfound fascination shouldn’t surprise us. For those looking to build nest-eggs, gold is easier to understand than stocks or bonds, since you can literally hold it in your hand. Moreover, of …