GOLD . . . Relic or Real Money?

What is it about gold?

In the past 10 years, the price of one ounce of pure gold has risen from less than $300 to $1,500, far outpacing the return on stocks and bonds. And yet, to paraphrase the comedian Rodney Dangerfield, “It don’t get no respect” in most gatherings of professional investors. Why is that? Why is the yellow metal treasured in some quarters and disdained in others?

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The BlueSheets contains the current opinions of the author, J. Michael Martin and Financial Advantage Inc.  These opinions are subject to change without notice.  Any views expressed are provided for informational purposes only and should not be construed in any way as an offer, endorsement, or inducement to invest. This material should not be considered as investment advice or a recommendation of any particular security, strategy or investment product.  Information contained herein has been obtained from sources believed to be reliable, but not guaranteed.  Past performance is not indicative of future performance. There is no guarantee that these investment strategies will work under all market conditions and each investor should evaluate their ability to invest for a long-term especially during periods of downturn in the market. Investors should discuss any investment with their personal investment counsel.  No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission.