Wednesday, August 21, 2013

Gold Is Solely A Play On Capital Appreciation

Nouriel Roubini : "Unlike other assets, gold does not provide any income. Whereas equities have dividends, bonds have coupons, and homes provide rents, gold is solely a play on capital appreciation. Now that the global economy is recovering, other assets – equities or even revived real estate – thus provide higher returns." - in A World Of Ideas
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