Goldenfreude: Skeptical Advisers Can't Help Gloating

Panning for gold, which recently saw its value plummet. Photographer: Altrendo/Getty Images

For years, gold's allure grew as the metal's price smashed through record after record. That put many financial advisers in the position of trying to dissuade clients from investing in the stuff. "I see no purpose in gold," says Sheryl Garrett, founder of the Garrett Planning Network. "I would rather own pretty much anything."

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