08.12.2009 - Gold can’t beat checking accounts 30 years after peak
From Bloomberg: Gold’s best year in three decades has yet to match the returns of an interest-bearing checking account for anyone who bought the most malleable of metals coveted for at least 5,000 years during the last peak in January 1980. Investors who paid $850 an ounce back then earned 44 percent as gold reached a record $1,226.56 on Dec. 3 in London...................................Full Article: Source
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