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Papli
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Even if Gold Is Stupid, It's Still Smart - Vedran Vuk - Casey Research

Vedran, I like your logic used to justifying that gold is still smart so what if it is stupid. Life is a one time gift of God and no one knows how long it will last. And the worst is we do not know how gold will behave during our investing life time. For some it rose from $ 35 to $ 850 and for others it dropped from there to $ 235 to rise again to current levels. Net net, providence lies in possessing some gold but not too much of it and using any other surplus to enjoy God's greatest benevolence ( life) upto the hilt as they say.

Commented 4159 days ago

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Beginning of the headline :There have been decades of debate in finance over gold – long before the recent, rapid rise in gold prices. Some see gold as a way to diversify into an asset with less direct correlation to the overall market. Others view gold as no more than a lump of yellow metal. It produces no cash flows. How can it be possibly worth anything? In a way, the naysayers are right... Read More

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