Barry Ritholtz, Columnist

I Don't Hate Gold. I Just Don't Love It.

The precious metal isn't an investment in the normal sense. It's just a bet on a price change.

So pretty.

Photographer: Akos Stiller/Bloomberg
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I don’t hate gold.

That may be hard for some of you to believe. You have read critical things from me about gold, the miners and the quasi-religious fervor surrounding the shiny yellow metal. Some of my commentary about it the past few years may have led some of you to pigeon-hole me as an anti-gold evangelist.