I recently challenged gold bulls to ask themselves tough questions before devoting significant dollars to the yellow metal. A related topic – the investment merit of gold – was the topic of discussion on our panel on The Early Shift...
In 2001, I invested in a gold closed-end fund and held it for 4-5 years. My rationale was based partly on what was then a low gold price and on this particular closed-end fund’s hefty 30% discount to net asset value. Since I sold the...