Quote:
Originally Posted by gregpark
Ha ha, thanks for that. I got a kick out of the conclusion:
"While gold was once tied to our currency and functioned as an essential medium of exchange, it (for better or worse) no longer holds that place in our economy’s heart. Due to that (and many other reasons), as our examination demonstrates, it probably shouldn’t have a place in your portfolio"
And the author lists the 3 types of people who benefit from gold: "miners, traders and people who sell shovels."
Made my morning!
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So glad this could be your entertainment for the day. That you overlooked all of the comparative data and instead focused on one person's opinion is revealing.