Thursday, September 1, 2011

The Eddie Vedder of the investing world

"Either directly or through mutual funds, most people I know own shares of large-cap stocks like General Electric (GE), Merck (MRK), Oracle (ORCL) or Exxon Mobil (XOM). But I would be hard pressed to think of one who owns Barrick Gold (ABX), Placer Dome (PDG), or some of the smaller metals companies that dot the American Stock Exchange. But if you’re looking for an alternative to equities or the Standard & Poor’s 500, look no further. Gold is the Eddie Vedder of the investing world."
(Oct. 19, 2009, ZF Capital)

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