Friday, April 29, 2016

COTW: Not Bad for a Pet Rock!

Gold, constantly trashed by stock shills and despite frequent stock market goosing by the central bank, has outperformed stocks (represented by the S&P 500) since 1967:

Here is a simple truth: owning gold does not generate enormous revenue for finance institutions like stock trading does. Fewer than 1% of investors own gold according to financial blog Zero Hedge. Want an investment tip? Buy gold before it gets too expensive.