All That Glitters Isn’t Gold

If fashion were a trusted economic barometer, the world’s leading designers would have us believing that all that glitters is gold. But, come fall, even though it will feel like everything is golden, there’s reason to be cautious of the latest prognosis from Paris Fashion Week. Sure, there’s a bit of a precious metal obsession going on in the fashion world right now. With the Paris Fall Winter shows wrapping up, now is a good time to take a deeper look at fashion’s new deity – GOLD. The fashion pack is already tweeting that gold is the new black.

Don’t run out and shoot your load on everything that glitters. Precious metals are best in touches. Perhaps you could reserve a gold Apple Watch, a pair of Gold Chanel wingtips or a Dolce and Gabbana golden clutch. The point is, you don’t need to be dripping in head to toe gold to participate in fashion’s biggest trend since mesh – which hasn’t even hit the streets yet, but is already over.

There’s another reason why we should be wary of the gold trend. Today the price of Gold futures traded their lowest since December 2013. If gold is a more credible leading economic indicator, we can expect a downturn in stocks, hemlines and the economy by the end of the year. I don’t want to burst anyone’s bubble or disrupt fashion’s golden orgy, but, if I were you, I’d be buying gold bullion, not golden accessories. Just sayin’.