The "gold strategy" can mean different things in different contexts. Here are a few possible interpretations:
Investing in gold: One possible interpretation of the "gold strategy" is to invest in physical gold or gold-related financial instruments such as exchange-traded funds (ETFs), mining stocks, or futures contracts. The idea behind this strategy is that gold is a safe haven asset that tends to hold its value or even appreciate in times of economic uncertainty, inflation, or political instability. However, investing in gold also entails risks such as volatility, liquidity, storage, and transaction costs, as well as the possibility of underperforming other assets in certain market conditions.
Using gold as a hedge: Another possible interpretation of the "gold strategy" is to use gold as a hedge against other assets or liabilities. For example, a company might use gold futures contracts to mitigate the risk of currency fluctuations or commodity price changes. Similarly, an individual might hold some gold as a way to offset the risk of a stock market crash or a currency devaluation.