Here's a Puzzler: Goldman Hates Gold

Updated

With a name like Goldman Sachs, you might expect the world's most famous investment banker to be rather partial to the shiny yellow metal -- but the truth is far from that case. And Goldman's not the only one who's nervous about gold.

Listen in, as Motley Fool contributor Rich Smith explains why investing in an ETF iShares Gold Trust may not be a smart decision, and why he's got more confidence in the stocks of actual companies such as Coca-Cola... or even Goldmans Sachs itself.


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The article Here's a Puzzler: Goldman Hates Gold originally appeared on Fool.com.

Motley Fool contributor Rich Smith has no position in any stocks mentioned. The Motley Fool recommends Coca-Cola. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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