Wednesday, May 19, 2010

Gold Makes U.S. News And World Report

The timing could have been better, given gold's plummet this morning, but the article is fairly even-handed. Most of it describes the benefits of owning gold, particularly as a portfolio hedge. One of the benefits listed ties in with the claim that gold is becoming a para-reserve-currency. Providing the balance is the warning that gold can be very volatile.

It's further evidence that gold is coming in to its own as an alternate investment. Gold is still in outreach phase.

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