.First, there seems to be a need to debunk some persistent myths about gold and precious metal investing. And about hedged investing in general. I will sometimes disagree with the promoters of gold and at other times with the detractors. Some myths originate with world class experts such as Warren Buffett. As well as dime-a-dozen investment gurus. But to disprove them all--you usually need only to do the most basic homework--such as looking at performance charts for the 2008 crash.
(Financial charts courtesy of Finance.Yahoo.com and Ycharts. Other images courtesy of Wikipedia.org.)
And now