| In a financial world of contradictions, chaos, and confusion, perhaps a “gold-centric” perspective will provide clarity. The media is filled with comments from notable “gold-bashers” such as Benjamin Bernanke, Warren Buffett, and Bill Gates. Their criticisms of gold (in my opinion) boil down to:
Gold has no real value – you can’t eat it or do much with it except make jewelry. It is a barbarous relic etc. Gold makes no sense. Why dig it from the ground, refine it, and then lock it in a vault where it sits producing nothing? Gold prices are volatile. Gold is an unsafe investment. Gold pays no interest. 101 more criticisms of the oldest money in the world...............................................Full Article: Source
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