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Commodities Briefing - Categorized | Bullion/Gold, Commentaries more

Gold is a feather, not a rock

Posted on 14 February 2013

Regardless of what is often said and published, gold is never a good investment. It is, sometimes, a good speculation; but it is never a good investment. The price of gold is a feather suspended in the air whose level changes in concert with associated speculative winds.
“So”, you may say, “what is the significance of this?” The significance is twofold. (1) Gold is not a good candidate for the typical investor’s retirement portfolio. (2) Buying and holding gold is best left to those who are expert in the intricacies surrounding the commodity. There is a certain percentage of the typical investor’s retirement portfolio that should be committed to gold; but this percentage is zero. There are three basic underlying reasons why this is the case………………………………………..Full Article: Source


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VRS - who has written 37241 posts on Opalesque Commodities Briefing.


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