daniela

Hard Assets Heresy: Talking Down Gold

Author is right that gold talk is like "you are for us or against us" talk.
Also comments to this article just prove that nobody provides clear, factual argument why gold should go up or down. Instead they are attacking author. It's this irrationality that makes gold very risky business to be in. When I hear gold talk, when the next price hike will be, it reminds me a little bit of 1999. We are in "new" era, world is getting richer, resources for gold are getting smaller....Any smart investors will look somewhere else for "gold" investment.