BrianZach

Seven Reasons To Avoid Gold - And Why You Should Ignore Them

The reason to avoid gold is that its price is arbitrary. The price can go down $300 easily just because investors decide no to buy it anymore for no good reason. It is a risky asset.

If you want to invest in a commodity, buy one which people actually need to run the economy like oil, food, copper etc. You can actually place economic value on these assets, which is key for intelligent investing.