Hobo-Jo has made a few posts recently about why he thinks that gold is a good investment. But my search skills are lacking and I can't find the one I'm looking for.
Anyway, George Soros, the billionaire investor who famously broke the Bank of England at the end of the British membership of the ERM, thinks that gold is a wee bit overpriced:
http://www.telegraph.co.uk/finance/financetopics/davos/7085504/Davos-2010-George-Soros-warns-gold-is-now-the-ultimate-bubble.html
I find it interesting that gold and property have shown similar rapid price rises, and yet the serious Doom and Gloom crowd think that houses are too expensive, whilst gold will rise and rise.
Anyway, George Soros, the billionaire investor who famously broke the Bank of England at the end of the British membership of the ERM, thinks that gold is a wee bit overpriced:
http://www.telegraph.co.uk/finance/financetopics/davos/7085504/Davos-2010-George-Soros-warns-gold-is-now-the-ultimate-bubble.html
I find it interesting that gold and property have shown similar rapid price rises, and yet the serious Doom and Gloom crowd think that houses are too expensive, whilst gold will rise and rise.