Tag Archives: gold myths

...Hype, fear and outdated monetary theories simply aren't enough to support the price of gold. Every finance and economics text book teaches that gold is basically an inflation hedge, and without inflation gold is simply a useless piece of yellow metal. Either the gold bugs are right or the Fed is right, and my money is on the Fed.

I am now bearish on gold because the bulls are bullish for all the wrong reasons, and the price action is supporting my position. In my opinion, gold is being supported by pillars of sand - 19 in total - and the tide is coming in.

It would appear that the price of gold has fallen enough to qualify as a "bear market," and we've begun hearing about what a terrible investment gold is now… and throughout recorded history. Below are the 12 most commonly-spread myths about gold as an investment.

'Gold Bullion Or Cash' is a well produced, high quality, educational short video that uses music, images, facts and quotations to show how gold has been a proven store of value throughout history and an important diversification today.