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The Gold Scam

Franklin @ April 20, 2008 # 18 Comments

Every time there is an article about gold warning about a possible bubble, a cohort of gold worshipers (an activity which, by the way, is frowned upon by the Old Testament God) answer that gold has maintained its value for 3,000 years, or 5,000 years, and so on. They will give you impressive and unsubstantiated […]

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The Case for Gold as the Next Bubble Instrument (and How to Play it Safe)

Franklin @ January 11, 2008 # 10 Comments

I wrote before that gold is a a poor inflation hedge. The myth has its origins in a big run up in the 80s that had as much to do with wild speculators cornering the precious metals markets as with a knee-jerk reaction to two continuous years of double digit inflation rates. With gold hitting […]

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