So what? You want everybody to run out and buy gold?
Consider this: If you paid $28,000 for 20 ounces of gold in Jan. of 2011, today your 20 oz. would be worth $26,360.
If you had bought 151 shares of Amazon on the same day in 2011 for approx. $28,000, today your stock would be worth approx. $184,043.
Gold and other precious metals might be good for long term investment if you can wait 50-100 years for a decent ROI.
Gold is not an investment
Its a wealth preserver
Yes its for the long term
In 2011 you could choose from thousands of stocks and bonds and funds
It was certainly possible to choose wisely
And also possible to choose... poorly
I don't want you to do anything....I don't care what you do. I posted the article FYI.
That's all.