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Is Gold an Investment or Insurance?

|Includes: AAPL, AIG, C, CEF, ERX, FAS, FAZ, FNMA, GE, GFI, GG, SPDR Gold Trust ETF (GLD), GOLD, JNJ, KO, PEP, SLV, WPM
May 18, 2007 an INVESTMENT in one AIG share cost $1440

March 5, 2010 AIG trades at $28.08

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May 18, 2007 an INVESTMENT in one Citigroup share cost $55.00

March 5, 2010 Citigroup trades at $3.50

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June 15, 2007 an INVESTMENT in one Fannie Mae share cost $68.75

March 5, 2010 Fannie Mae trades at $1.01

Now check out these "numbers" for that non-investment of gold:

$657.80 per ounce on May 17, 2007

$1139.60 per ounce on March 5, 2010

...

So...yeahhhh...gold certainly isn't an "investment", huh?