When fear grips the markets, gold gleams like a lighthouse beckoning investors to a safe haven in dark and dangerous times.
In a rising or stable economy, though, the precious metal loses much of its luster.
That’s the generally accepted wisdom, but in reality, there is no standard rule for when gold is a good investment.
Even now, when uncertainty is the only certainty for investors, Western New York financial planners have differing viewpoints about the value of gold as an investment, even though it has been on a bull run since April 2001.
