Gold Is Not An Investment

This article, published in the New York Times, calls gold a speculation, not an investment. 

http://bucks.blogs.nytimes.com/2011/05/23/gold-is-not-an-investment/

The Times article makes many of the same points that I made a few days ago in the post below:

http://labradorinvestments.blogspot.com/2011/04/is-gold-good-investment.html