Sunday, July 25, 2010

Gold Myths & Objections

Before we get into all the negative opinions about Gold, we must understand why the mainstream media, banks, financial institutions and government all down play Gold as an investment. People must study history to understand that Gold keeps bankers and politicians honest and disciplined. And the banks, government, schools and media are all working together to conceal the truth. There is much more to it and many books have been written on this subject, however we must accept that there is a fundamental reason why the forefathers of America used Gold & Silver as a backing to the currency of America.
  1. Gold pays no interest or dividends:  Who cares, Gold has returned over 500% in the past ten years and 16% annually over the same perion. How did your "diversified & balanced" portfolio do without Gold? Click here to see a chart of Gold compared to the S&P 500 including return on dividends.