On the drive-time tonight I was listening to the Clark Howard Show (not sure if you know who he is, but he gives financial advice to callers on his radio show. He also has a show on cable TV where he does the same.) and someone called in and asked about investing in Gold and he quoted a very interesting statistic. He claims (and he as reputation as being a reliable and well informed guy) that, taking into account the effects of inflation, that Gold today is worth LESS than it was 30 years ago. And as you might guess his advice to the caller was to think twice before investing in Gold at today's prices since it's very possible that you'd be coming to the party a bit too late, that the run-up has already occurred and that the people who really make money in the Gold market are those who are traders and not investors.
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