Will Gold Shine Again?

in Stock Analysis

This article was originally called Will Gold Shine Again?.  It was excerpted from my book Active Value Investing and appeared in the Rocky Mountain News.  I have no intention of making an argument of where the gold prices will be over next month or five years from now – I simply don’t know.  My intention is to dispel this notion that gold was a great investment – it simply not the case, and offer a caution that gold may not be a great investment going forward.