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Ask Dave

Does Gold = Good?

Any way you analyze the numbers, gold has a horrible track record and is a bad investment.

QUESTION: Kevin asks if gold stocks are a good investment.

ANSWER:
Gold is never a good investment.  You need to do all your investing based on the long term – five, 10 and twenty year track records.  Gold – any way you analyze it – has a horrible twenty-year track record.  It is a high-risk investment and it’s a risk you should not take with your money.

Thank you!  Your guide is on its way.

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