Why the Gold Bugs Have It All Wrong
And therein lies the problem, says Vishesh Kumar, financial writer at DailyFinance. After all, gold has little utility, no real intrinsic value and it can't possibly possess all the curative powers gold bugs claim, Kumar says.
"Gold's a great investment to take cover behind because there's no justifying it," Kumar says. "The cases to be made for gold are as malleable as the metal itself." For more, see the following video.