“All that glitters isn’t gold, but the really good stuff is.” — Chip Wood
Earlier this week, I wrote a column for Investment U that caused an uproar among gold bugs: “How to Lose Money — Invest in Gold Stocks!” Read the article here.
Basically, I discovered that almost all gold mining stocks, including the majors, have a very poor track record. On top of that, they were extremely volatile.
The graph below demonstrates the problem with gold stocks:
The S&P 500 stock index looks much more stable and profitable than the gold stock index.
Click here to read the full article, “How to Lose Money — Invest in Gold Stocks! (Part II).”