[DManA]

A contrarian would notice that there is an ad selling gold every 5 minutes on TV and the radio.

A contrarian would notice that if you ask just about anyone they will tell you it is a sure thing that gold is going to be taking off any day now.

[MrB]

Gold, indeed, is a “horrible investment”.

However, it is a wonderful “wealth preserver”.

[Solson]

Holding physical gold isn't a bad thing. It has value and will always have value. I scoffed at my dad when he was still buying gold at 750 and 800 per oz. Now, I'm listening to him more carefully.

The markets are not healthy and nor are currencies. So gold is a safe place to be.

[coloradan]

A contrarian would notice that nobody in the general public is talking about gold yet, let alone how much money they made having bought it in the past. Mining stocks are not discussed in restaurants. Every store window does not have a sign in it, “we buy gold.”