Gold: Investment or Speculation?

For decades, gold has been considered an asset one either speculated upon or invested in as textbook, defensive asset allocation. However, as a result of either complacency toward diversification or the view that it is speculative, the market is under-invested in gold. Despite the huge success of the largest of the gold bullion ETFs SPDR Gold Shares, (GLD), for example remains tiny in the grand scheme of stock investing. It is only worth 0.4% of the S&P 500's market cap, and a smaller fraction still of the entire stock markets' capitalization, as of the end of October.

Read the whole article here: Gold:  Investment or Speculation?, GlobeAdvisor.com, December 17, 2009

Total
0
Shares
Previous Article

The Magic of Santa Claus For Your Children - Check this out!

Next Article

The Twelve Days of Christmas: The meaning behind the song

Related Posts
Read More

The 4th Turning of Markets: Darius Dale on Inflation, Debt & Investing in 2025

What if everything you thought you knew about the Fed, fiscal policy, and recession playbooks is already obsolete? In this episode, Darius Dale reveals why the U.S. economy has entered “Paradigm C” — a regime of fiscal dominance, deregulation, and coordinated support — and what it means for portfolios, the Fed, and your financial future.
Subscribe to AdvisorAnalyst.com notifications
Watch. Listen. Read. Raise your average.