Charlie Morris: Expecting inflation to rise? Buy gold

The assassination of the Iranian general Qasem Soleimani has seen gold get off to a strong start this year. Temperatures have risen and the potential for retaliation and escalation has caused concern. The fear is less what Iran does to the US, but how the US retaliate when they do. Yet the recent move pales into insignificance when weighed against events of the past two decades. Almost none of gold's return has come from geopolitical tensions, and almost all of it comes from lower long-term interest rates, with a modest spattering of inflation.  Since the beginning of this century, go...