This year, gold has been in the news for reaching record-high prices — so is gold a good investment? Is it an inflation hedge or a crisis hedge? If so, what should you know before adding this asset to an investment portfolio? And what is its relationship to bitcoin — the so-called “digital gold?” Despite being a $30 trillion asset, gold is poorly understood and under researched.
In Duke University’s two new courses Gold Market Foundations and Gold and Bitcoin, we’ll fill in this gap to strengthen your investment strategy. As course instructor Campbell R. Harvey, Professor of Finance at the Fuqua School of Business at Duke who has studied both assets, says, “The most important thing that people can do before investing in either gold or bitcoin is to understand each asset – and to assess the benefits and the risks.”
These courses may be for you if you: work in investment finance and asset management or corporate treasuries, oversee asset managers, make policy in national central banks or treasuries, study investment finance and asset management — or are just interested in personal investments.
We recommend you take Gold Market Foundations before Gold and Bitcoin. Learn more about these courses:
Gold Market Foundations provides insight on the sources of both demand and supply dynamics, examining key drivers of the recent price surge. In this course, you’ll learn about gold supply dynamics (mining and recycling). We’ll explore the different drivers of gold demand (including central banks, ETFs, insurance and commercial banks), analyze gold’s inflation hedging ability, assess gold’s role as a safe-haven asset in a portfolio, and assess gold’s risks.
Gold and Bitcoin analyzes the unique risks facing both gold and bitcoin. While bitcoin may be a complement to gold in your investments, this course shows the key differences between the two, despite surface-level similarities. In particular, the course will share unique risks to bitcoin. For example, an attack on the bitcoin network (the details and feasibility of which are explored in the course), would drive the price of bitcoin to zero.
Enroll in these courses today and develop your asset management skills!
