30.07.2015 - Warren Buffett once said that Gold is a way of going long on fear. Do you agree?
The world market was awash with a swarm of gold bugs after the financial crisis of 2008. Gold bugs are advocates of investments in Gold as a safe haven and a guard against financial Armageddon, hyperinflation, currency collapses and geopolitical troubles. A few years ago, gold bugs argued the precious metal was a can't-miss investment given the ultra-loose monetary policies around the world and the prospect of higher inflation. However, you can't find many gold bugs as the metal prices have taken a big tumble. The cumulative returns since 2010 for gold HAS almost BEEN nil compared to a return of 70 per cent by Dow Jones Industrial Average and 57 per cent by BSE S&P Sensex...............................................Full Article: Source
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