Posted on August 23, 2009 - by admin

Gold ain’t all it’s cracked up to be.

For all the recent mania regarding the over-the-moon price of gold, one little number gets lost in all the hullabaloo – the investment stinks from a historical stand point. Across 10 different asset classes, 40 years, and looking at both three, five, and ten year increments, gold, as a long term investment, fails miserably

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Gold ain’t all it’s cracked up to be.