“Gold is a commodity; over the long run, as we look back, it has not been a good investment. You can't look at the intrinsic value of gold as you can a business. Gold doesn't give you cash flow, and, at the end of the day, cash flow is what is important. Gold doesn't give you dividends.”

Share & Save

Meaning

Not documented yet.

When It Was Said

Not documented yet.

Who It Was Said To

Not documented yet.

Historical Context

Not documented yet.

Source

Not documented yet.

Original Language & Translation

Originally said in English.

Did They Really Say It?

Not documented yet.

Did You Know?

Not documented yet.

About Michael Lee-Chin

Michael Lee-Chin is quoted here; further biographical details are not publicly available.

More from Michael Lee-Chin (17 quotes) →
"Gold is a commodity; over the long run, as we look back, it has not b…" — Michael Lee-Chin | Daily Quotes