Gold - a great 'investment'.
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If you had invested $1 in gold in 1802, it would have grown to only $1.95 in real terms by the end of 2006. A study by Merrill Lynch looked at the performance of 10 different asset classes over different rolling periods between 1970 and 2007 – the worst-performing asset class was gold. In fact, history shows that the longer you hold gold, the worse it is.
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