Serious Money: Is gold an investment?

Filed under: International markets, Rants and raves, Market matters, Scandals, Personal finance, Serious Money, Commodities, Recession

The amount of nonsense I come across misleading readers, or simply providing bad advice, makes me cringe. Sometimes our own site presents such information like discussing penny stocks and technical analysis.

In general, I distinguish bad advice, misleading or misguided information from that regarding a stock idea that simply did not pan out, of which I have been guilty too -- all of us have hits and misses. However, a post I read on Seeking Alpha promoting gold, with suggestions of doom by tailoring the data to fit the theory. The author supported his point by back-testing only ten years to a known low water mark.

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Serious Money: Is gold an investment? originally appeared on BloggingStocks on Fri, 11 Dec 2009 18:00:00 EST. Please see our terms for use of feeds.

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