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How does gold stack up as an alternative investment?

Robert Wiedemer
December 6, 2006
Video Transcript

Alternative investments have clearly become much more popular and that certainly included stocks and other nations, I think, each have put up 1300% over the last few years or whatever. Clearly, all sorts of alternative investments are doing well. I would be scared to death of overseas stock markets; they're going to go up, they're going to go down, they're going to be even more affected by the bubbles in many ways than our market is.

Overseas stock markets, come on...some of those are going to be terribly vulnerable to shocks, and even the good ones, and they're all extremely vulnerable to the bubbles. As much as this is the America's bubble economy, but America's bubbles burst, the rest of the worlds will burst and it will be a lot worse for them than it is with us. You're better off being right here and you're better off being right here with gold. It's just that simple.

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