Gold Medals and the Discipline of Compounding | Jeff Weeks, CFP®

The U.S. men’s hockey team just won its third Olympic gold in history and its second since 1980. Two championships over four decades underscore how rare certain outcomes are. The 1980 “Miracle on Ice” at Lake Placid became iconic, not because it was predictable, but because it was extraordinary.

That same year, gold prices reached a dramatic peak, trading around $800 per ounce. High inflation, elevated geopolitical tensions, and widespread investor anxiety prevailed. Sound familiar?

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