The article, "A Look Back On Gold" by Sham Gad, contains a to-the-point primer on what makes gold prices rise. Essentially, a bet on gold is "a bet against current monetary systems." It's well worth a read.
Gad's background is interesting, given what he's written. He's a value investor by trade, not a goldbug; his blog shows it.
Tuesday, December 29, 2009
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