Archive for Gold
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How’s Gold Doing For Ya?
In January of this year I wrote about gold as an investment. In that article I pointed out what a losing proposition buying gold as hedge against inflation or as an investment vehicle in general was a losing proposition when compared to well, just about anything else once inflation is taken into account.
Well, over the [...] Read more »
When the Pundits Promote Gold, Why do They Only Go Back to 2001?
I get the same calls and emails everyone else gets. They tell you gold is approaching all time highs. And they tout how much the price of gold has risen since 2001.
But, why do they pick 2001?
Because gold was at historical lows.
By 2001, gold was nearly two-thirds lower than it was in 1980 and in [...] Read more »
