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Tall Tales About Gold
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(June 1, 2010) There is nothing like a 9-year rally in a monetary commodity to focus media and political attention on the soaring yellow metal. A New York Congressman launches a full-scale attack on doom-and-gloom marketing, while Barrons prints a full-page guest editorial about gold - from a banker offering investment advice.
Gold really is in the news, and by that we mean where most people inform themselves - television. Not only are we hearing about gold from financial commentators, but also from advertisers. Some ads urge you to ship your unwanted gold jewelry to a PO box far away, while others offer an 800- number that you can call and be advised by an expert on how you can buy gold and participate in this never-ending rally.

 

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