"I thought gold was an investor's best friend during Armageddon."
"Further reducing enthusiasm for gold is the gradual improvement of the US economy. Despite forecasts of imminent collapse, the major economic data – including employment, wages, spending, housing, autos and consumer sentiment – have all trended higher over the last five years. Tales of an impending depression were greatly exaggerated."
"Regardless, gold seems to [be...jeez msm, edit much?] going nowhere fast. Feel free to send me an e-mail explaining how wrong and stupid I am. I have an archive of all the messages warning me that gold would teach me a lesson in humility. 'You'll see,' these e-mails smugly assure me, 'your comeuppance will be here any day now.'"My plan was to respond to each on its fifth-year anniversary with a chart showing the performance of gold versus all other asset classes and the details of how much money has been lost."