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Why I Am Not Buying Gold.

Authors :
GLASSMAN, JAMES K.
Source :
Kiplinger Personal Finance. Mar2024, Vol. 78 Issue 3, p37-38. 2p. 2 Color Photographs.
Publication Year :
2024

Abstract

The article discusses the question of whether it is a good time to invest in gold. The author, who has historically been critical of gold as an investment, examines the historical performance of gold and compares it to stocks. They argue that gold has not been a good long-term investment and that stocks have outperformed gold over the years. The author also highlights that gold does not pay dividends and has no significant industrial use, while stocks represent the value and potential of underlying companies. However, the author acknowledges that gold can serve as a short-term hedge against disaster for investors with apocalyptic views. [Extracted from the article]

Details

Language :
English
ISSN :
15289729
Volume :
78
Issue :
3
Database :
Academic Search Index
Journal :
Kiplinger Personal Finance
Publication Type :
Periodical
Accession number :
174984731