Message:

<p>[QUOTE=&quot;medoraman, post: 1224289, member: 26302&quot;]Depends on the meaning of the word &quot;speculative&quot;. It always boils down to the meaning.</p><p><br /></p><p>I would agree with you since gold has the least percentage industrial usage it could be viewed as most speculative. However, it is more stable pricing due to the nature of it, so its much less volatile than most other PMs.</p><p><br /></p><p>@Cloud, I have read Mr. Graham&#039;s work but like most such authors ties in definitions to his own preferred methodology. I would say that at least a understanding of a firm, (to the extent the investor wants or is capable), would be required for it to really be an &quot;investment&quot; and not speculation, but I refuse to be tied down to one author&#039;s opinion as to what that requires.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in