by Graham Summers
We continue to see articles by so called “experts” trashing Gold and Silver as investments. Gold is everything from a “Pet Rock” to a “Dumb Investment” or “Barbarous Relic.”
Do these people even bother doing research? Or are they just stock shills?
First and foremost, you cannot compare Gold’s performance relative to stocks anywhere before 1967.
Because Gold was pegged to currencies up until that point. Any comparison of Gold’s performance relative to other asset classes prior to 1967 is completely misleading because Gold’s performance was limited by currency pegging.