In this entertaining and informative St. Patrick’s Day Show, Tom and Mark talk about the meaning of “Luck of the Irish,” referring to the pot of gold that many investors are hoping for when they invest in gold.  As an investment, gold lacks a critical element: cash flow or profit (as compared to companies). They discuss two articles: one by Weston Wellington, the other by Dan Solin. Read these articles and decide if gold is really such a lucky treasure.

References:

“Who has the Midas Touch” article by Weston Wellington 

“The Greater Fool Theory and Investing” article by Dan Solin