Gold: the only certainty in an uncertain world.

http://opinion.financialpost.com/2012/10/12/gold-the-new-asset-class-for-the-confused/

Pierre Lassonde, one of the world’s foremost experts on gold, says the only way is up for the shiny stuff.

He should know as he has made his fortune in the gold game. This week he spoke at a mining seminar in Toronto organized by mining consultant Terry Ortsland, chair of the Mineral Resource Analyst Group.

"As a director of a gold company, I am fascinated with the shiny stuff. It’s a barometer of fear and a replacement for paper currencies. Its price moves up or down on bad news and good news and drives the value of gold stocks, but only to a certain extent. And in a tumultuous world of financial, stock market and sovereign meltdowns, gold has been a rising star. Investors have branched out from real estate, equities, bonds and art into gold. I call it the new asset class for the confused."

Are we ever confused!!