From time to time I get asked by students whether people should invest in gold. The obvious attraction is that it has seen huge price appreciation. The huge negative is that it is very risky. Here's a nice article the briefly summarizes some of the arguments for and against gold.
Link via Greg Mankiw's blog.
A Finance Professor's blog. I am a Professor of Finance in the Poole College of Management at NC State University. My website: https://sites.google.com/ncsu.edu/warr Opinions are my own.
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