Friday, August 26, 2011

Gallup: Gold #1

A recent Gallup poll ranks gold number one in terms of long term investments (link).

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Thirty-four percent of Americans say gold is the best long-term investment ... Real estate (19%) and stocks (17%) are distant second choices.
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This is the first time gold was included in this Gallup survey which says something by itself. Without other surveys to give context it is one data point. However, it does show that the gold bandwagon is filling up. Gold was at record highs during the week of the survey. Gold was ranked #1 by every income group, and every age group, Republicans, Democrats and Independents.

/edit to add a link to a discussion of this poll on the PCGS Precious Metals forum (link). For those not familiar, PCGS is a coin grading company that hosts a coin collecting forum with a subcategory for precious metals.

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