Stress Test: Gold
By
Mike Schuster
Mar 10, 2009 8:55 am
Does the yellow metal glimmer against other stores of value?
It no longer backs legal tender, but with stocks and currencies in freefall, gold has become a safe haven for investors. But is it really the wisest store of value?
To find out, Minyanville compared the yellow metal to a series of beloved collectibles in its patented Stress Test.
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Rarity
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Portability
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Divisibility
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Durability
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Liquidity
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Gold:
Scarce, but not rare. Some New York restaurants serve it with dessert, for crying out loud. |
Gold:
To get a sense of its immense portability, just tune into the Source Awards. |
Gold:
As ancient skinflints can attest, shaving a bit off a sample won't drastically reduce the overall value. |
Gold:
If the precious metal can withstand the maw of an 1840s gold prospector, it can survive virtually anything. |
Gold:
With a simple toll-free call and pre-paid envelope, you can receive a cool 33% valuation on your goods. |
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Comic books:
You try finding Incredible Hulk #181 at your local strip mall. |
Stamps:
So portable, you can get one across the country on a 3-by-5 card. |
Precious Moments figurines:
Oddly enough, a praying infant with a severed foot doesn't fetch nearly as much as the intact figure. |
Record albums:
Collections are in danger of destruction after a single "scratch-and- sample" session in the DJ booth. |
Baseball cards:
Readily transferable. A 1974 Pete Rose could be exchanged for a 1976 Jim Palmer and a near-mint Kiss action figure. |
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Edge:
Comic books |
Edge:
Stamps |
Edge:
Gold |
Edge:
Gold |
Edge:
Baseball cards |
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No positions in stocks mentioned.

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