Monday, June 28, 2010
The "If You Must" Stance
The gold skeptics are getting cautious. Webbed by the Olympian, an article entitled "Gold isn't best option to stash cash in troubled times" makes the point by quoting a mutual fund analyst as saying that the most popular "'silver bullet'" is usually overpriced. The article doesn't pooh-pooh gold, but instead suggests a vehicle with low transactions costs and a mix of physical gold with gold mining stocks. Other alternatives suggested are TIPS (which are also pricey), REITs and commodities in general.