Pet Rock Investing, Or Gold vs Stocks Once More, With Feeling

Told you once, told you 98% of the time…

ROLL BACK to Tuesday, 4th May 1999, says Adrian Ash at BullionVault.

The US stock market has risen 10-fold over the previous 2 decades…

…and stocks now keep setting fresh all-time highs as the "information super highway" sees investors large and small bet big on anything with "dot com" in its name or prospectus.Gold in contrast is flirting with fresh 2-decade lows, losing two-thirds of its US Dollar value from the inflation-crisis top at $850 per ounce of January 1980.So asks the headline on columnist Floyd Norris’ view of the metal as central banks across the world sell off ever-more of their bullion reserves."The process of removing the glitter from gold has been a gradual but inexorable one," Norris writes."Gold’s reputation as a store of value has eroded…Much of the world is now quite happy to accept the idea that […]

Click here to view original web page at www.bullionvault.com

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.