Gold as a currency is dead. [Rehash of an older article].
Submitted by Bapcha’s Stocks
DJIA, GLD, Gold, S&P, investment, platinum, silver DJIA, GLD, Gold, investment, platinum, S&P, silver
With the global economy on the mend, could gold be gearing up for another record-setting run? Not a chance says Bapcha. His bottom-line is – wear it, enjoy it, buy it for fun, but do not invest in gold. It is NOT an investment now, nor is it in the future.
More on this topic (What’s this?)
Gold Prices: Why You Shouldn’t Expect $1,000 Gold Anytime Soon (Investment U, 6/23/09)
Who Owns Most of the World’s Gold? (Gold World, 7/2/09)
Gold Suppression Theory (Gold World, 7/15/09)
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