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Dismissing Gold In The Past Led To Some Hard Lessons

By Frank Holmes, U.S. Global Investors Back in December 1997, the Financial Times ran a now-infamous article titled “Death of Gold.” In it, the author Kenneth Gooding claimed that as an investment, “gold is a goner.” The crises of the past 10 years—the 1987 stock market crash, the Gulf War, Asia’s...
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