Investor's love for gold has been like a romance from the best mid-day TV soap opera this year. Year-to-Date 2011, the SPDR Gold Trust, an exchange-traded fund,symbol "GLD" has appreciated in price almost 26%.
Investors are looking for a place to store their capital, as a way of protection against stock market declines, currency devaluations and political turmoil.
While there is nothing wrong with using precious metals as a small percentage of an overall diversified asset allocation investment approach, investors who believe that the price of gold has only an upside potential may be in for an investment reeducation, when and if gold prices eventually start to decline.
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