Description: The allure of gold is thousands of years old, but nowadays the precious metal has a youthful look. Goldâ€™s spectacular, decade-long run, coupled with the sovereign-debt crisis in Europe, an uncertain outlook for the U.S. dollar, and worries of worldwide recession, has tapped a new vein of investors in their 20s and 30s.
Questions for discussion:
- Explain the appeal of gold to these investors.
- Is their thinking about the long term value of gold sound?