SPDR Gold Trust
5 Reasons to Avoid Gold Rush
The reasons why one should sell the cat, pawn the mother-in-law, and use the proceeds to buy gold are well known: the Fed is printing money faster than you can read this.
Five reasons to avoid the gold rush
The arguments for why one should sell the cat, pawn the mother-in-law and use the proceeds to buy gold are well known.
As investment, gold’s just a brick
Gold is an important but very different asset class that competes with stocks and bonds. Unlike stocks and bonds, its main attractions are scarcity, durability and resistance to oxidation - it simply never stops shining.
Who’s going to buy gold?
Gold is one of those weird assets where nobody knows what it is really worth. You cannot run discounted cash flow analysis to value it.
Gold, Doomsday Currency?
I got a call today from a financial journalist asking me if gold is “the” asset for the doomsday portfolio. I took this question very seriously.
Will Gold Shine Again?
This article was originally called Will Gold Shine Again? It was excerpted from my book Active Value Investing and appeared in the Rocky Mountain News.
