Scared Stiff

Gold Prices: Little Correlation with Its Utility

Better yet, what is the utility of Apple stock? Why would anyone pay anything for a stock which serves, literally, no purpose? Gold and non-dividend paying stocks are nothing more than a bet that people will at some point be willing to pay more for it than what you paid for it. At least gold doesn't depend on the honesty of clearly dishonest people to maintain its value.