A plaque remaining from the Big Apple Night Club at West 135th Street and Seventh Avenue in Harlem.

Above, a 1934 plaque from the Big Apple Night Club at West 135th Street and Seventh Avenue in Harlem. Discarded as trash in 2006.

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Entry from February 22, 2011
Crisis Commodity (gold)

Gold has been called a “crisis commodity” because investors turn to the historical stability of gold during times of crisis. The nickname “crisis commodity” has been used since at least the 1980s.


Google Books
How to Buy Stocks
By Louis Engel and Brendan C. Boyd
New York, NY: Bantam Books
1983, ©1982
Pg. 303:
Gold is a crisis commodity. It does well when everything else is doing poorly, or looks as if it is about to do poorly.

Google News Archive
4 June 1986, Sydney (Australia) Morning Herald, “Gold has an intangible value as well as being a talisman for troubled times, Anabel Dean reports,” pg. 26, col. 3:
Other dealers agree that because gold is a crisis commodity, and the crises of the world are diminishing in number, if not in size, the movement of gold has slowed significantly.

Rediff.com Business
8 reasons to own gold
November 12, 2008 12:43 IST
(...)
Geopolitical uncertainty
Gold retains its value not only in times of financial uncertainty, but in times of geopolitical uncertainty. It is often called the “crisis commodity”, because people flee to its relative safety when world tensions rise; during such times, it often outperforms other investments.

Google Groups: Fisica_Teorica
From: “Investors Daily Edge”
Date: Thu, 19 Feb 2009 04:59:55 -0500
Local: Thurs, Feb 19 2009 3:59 am
Subject: Investor’s Could Learn from Consumers; Looking for Discounts in Bonds!

Earn Income on Your Gold
By Ted Peroulakis
As you know, I’m a gold bug.  I’m quite bullish on the yellow metal.  I have been recommending gold since 2001 and I expect gold to run much higher.  You should own some gold in your portfolio as an insurance policy, just in case the economy gets worse.

Gold is a safe haven in times of financial and geopolitical instability.  Gold has often been nicknamed the “crisis commodity” since it tends to outperform other investments during periods of market distress and world tensions. 

FeedThe Bull
Invest in Gold, the Crisis Commodity
Submitted by MurrayRothbard on Thu, 02/19/2009 - 18:57.
Gold Bug Ted Peroulakis of Investors Daily Edge suggests that “you should own some gold in your portfolio as an insurance policy…”

My Rocking Cradle
Gold as the “Crisis Commodity”
Posted in general tips | July 12th, 2009
I am not a finance person. But watching “The Taking of Pelham 123” made me realize how valuable gold is as a “crisis commodity” when the Wall Street collapses. If you have watched the movie, you’ll know what I meangrin. If you haven’t, well, let’s talk about the movie some other time.

Google Books
Two Sides to the Coin:
A History of Gold

By Adam Wasserman
Sarasota, FL: Adam Wasserman
2010
Pg. 217:
While gold is famously a “crisis commodity,” (more accurately a panic commodity) is it really a good inflation indicator as many claim nowadays?

Posted by Barry Popik
New York CityBanking/Finance/Insurance • (0) Comments • Tuesday, February 22, 2011 • Permalink