Tuesday, November 10, 2009

A Value Proposition

This was written almost exactly 2 years ago. I am dredging it up again because I turn on CNBC and it's 'gold this and gold that' and all the inflation experts getting everybody discombobulated once again with inflation fears... the 'silver is undervalued vs. gold' story getting pumped now 24/7... gold bugs are on full froth.

Gold is simply about value, but we are so far removed from that concept in the age where supposed financial advisers are again touting 'take the longest mortgage you can and use the extra money to buy stocks for better return' (my friend actually told me he heard this uttered by a CFA on a supposedly serious financial radio show last weekend).

If you are confused or emotional about gold, take some time and read this. I am not trying to sell you anything, other than piece of mind.

A Value Proposition