Gold: A Bad Investment and Getting Worse

If there is one asset class best avoided in 2011, it’s gold. At the expense of sounding overly dramatic, gold is an investment whose fundamentals are rotting from within, and you do not want to be anywhere near it when the bottom falls out.

In late November, I wrote a short piece for Seeking Alpha in which I added a few more jabs at the barbarous relic. For my efforts, I received over 200 comments, most of which were hate mail.

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