Mark Biller, executive editor at Sound Mind Investing, recently featured an article in the newsletter titled "Checking Up On Gold". Despite the perfect storm of global pandemic, massive monetary and fiscal stimulus, and a major war breaking out in Europe, gold prices have not soared as expected. Biller explains that gold is not just an inflation hedge, but also responds to a variety of factors, including interest rates. He suggests that a small allocation of physical gold is a good idea, and to supplement that with gold ETFs as conditions warrant. He also discusses other ways to invest in precious metals, such as silver and platinum, and gold mining stocks. According to SMI, the long-term outlook for gold is strong due to government spending, but warns that a market panic could cause gold prices to initially drop.