Comments about ‘Differing drivers moving copper and gold prices’

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Published: Tuesday, July 2 2013 6:14 a.m. MDT

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UtahBlueDevil
Durham, NC

You just have to wonder if those who actually listened to Glen Beck and his sponsor followed his advice and dove into Gold on the promise of the collapse of the US dollar. I feel bad for those people who fell for theatrics rather than sound reasoning that should be provided by experienced financial experts.

Gold is one of the least "needed" of the metals... it has little value other than a luxury and a status symbol. Hedging your future on something the supports vanity is never a good strategy. If you want safety in commodities... there are far better choirs.

Hutterite
American Fork, UT

All these outfits that buy and sell gold based on irrational fears are just ripping people off.

morpunkt
Glendora, CA

I completely agree with these first two comments. Fear- mongering by talk show hosts, who peddled gold on a large scale, during their commercial breaks, was suspect, from the get-go. If a person has some basic understanding of economics, that person can easily understand that precious metals are only a wise investment, in moderation. An investor will lose a tremendous amount of money, for most cases, if he or she places too much speculation in that area. During a recovery, even if it's a slow one, ultimately makes gold a loser. Sell it while you still can.

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