Prepared for the zombie invasion

The FT’s Miles Johnson and Bryce Elder explain the drivers of the gold market during today’s Markets Live:

_MJ: Yep. The logic of gold has always escaped me

MJ: There are no proper fundmentals, just sentiment, conspiracy theories and humanity’s subconscious belief that shiny things must be valuable.

MJ: It is an asset with no yield. And besides, if the apocalypse comes, what good will a bar of gold do you?

MJ: Can you sell it on the streets?

BE: You could club zombies over the head with it._

(Previously on JRE: Zombie Hillary Clinton, Zombie Jane Austen, more Zombie Hillary Clinton.)