The following is an excerpt from my forthcoming book, “Illusions of Wealth” with an update on my thoughts about gold and silver to follow. The Awful Truth about Mutual Fund Managers and Hedge Fund Managers Performance Why are you invested in actively managed mutual funds? Many of you who invest in Mutual Funds were probably told to buy them because …
Read MoreApr
22
2011
Morningstar Joins The Anti-Gold Crowd
By: Doug Eberhardt
Category: Gold
Tags: anti-gold, bad advice, bias, buy gold, gold bubble, money magazine, Morningstar, mutual funds, real wealth
Morningstar, a company that specializes in the analysis of Mutual Funds, has come out with an article that is critical of the long term outlook for gold. Please see: Why We See Gold Going Lower Long-Term When you see companies that specialize in plugging non-gold alternatives, one has to take their advice for what it is; biased. I commented on …
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