Is Investing in Gold A Good Retirement Strategy?

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I was recently reminded of Duck Tales, one of my favorite cartoons from when I was a kid. If you’re not familiar with the cartoon, the opening theme song sports a very rich duck in his vault diving into and swimming in a sea of gold coins and jewels. As a kid, cartoons pounded into into my heads the image of a stack of gold bricks being the pinnacle of wealth. How freaking cool would it be to have a room filled with gold to show off to your friends? I don’t know anyone that has such a room, or […] Read more »

Thinking About Joining the Gold Rush?

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The latest Gold Rush made history yesterday when the SPDR Gold Shares ETF, Ticker GLD, passed the SPDR S&P 500 ETF in value. Both funds are managed by State Street Corp. As fearful investors sell stocks and invest heavily in the precious metal, GLD climbed to a total value of $77.5 billion to the SPY at $76.7 billion. The Wall Street Journal provided an excellent article yesterday “Gold Reigns even on the Stock Market”. What do you own when you buy gold? Read more »