By Peter Krauth, Money Morning:
This past March, I asked a highly successful investment advisor what he thought about gold. Since he deals almost exclusively with very high net-worth individuals, his point of view was especially intriguing.
He confided to me that many of his clients had been asking for gold and gold-related investments over the past few years. I can?t say that I was surprised.
But what he told me next simply shocked me.
?Gold?s much too volatile, it?s too risky?, he said. ?Sure it?s up, but I try to discourage my clients from investing in it.?
It simply floored me that he thought gold was too volatile. Gold is only up 580% since it bottomed in 2001, without a single losing year to date.
Read More @ moneymorning.com
Source: http://sgtreport.com/2012/12/2013-silver-price-forecast-silver-will-perform-like-gold-on-steroids-2/
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