Perhaps not. Likely because Gold is considered a safe haven asset so that it has never been studied in this light.
As a purely personal anecdote of having been in situations where famines occured, gold became utterly worthless. You'll see historical examples in Poland, China, Ireland in the 18th and 19th century. Gold is utterly useless when food becomes a problem. People traded cases of gold coins for food.
We'd all love for gold to go to the moon.
But beware that gold has historically declined when food prices are high.
Interesting... Do you have any good sources I could take a look at or years to check out to compare food prices and precious metals?
Perhaps not. Likely because Gold is considered a safe haven asset so that it has never been studied in this light.
As a purely personal anecdote of having been in situations where famines occured, gold became utterly worthless. You'll see historical examples in Poland, China, Ireland in the 18th and 19th century. Gold is utterly useless when food becomes a problem. People traded cases of gold coins for food.
Good to know, gold is for when you have relatively stable food production