Back in December 1997, the Financial Times ran a now-infamous article titled “Death of Gold.”
In it, the author Kenneth Gooding claimed that as an investment, “Gold is a goner.” He said the crises of the previous 10 years — the 1987 stock market crash, the Gulf War, Asia’s financial meltdown — had not resulted in higher demand, as one might expect. Gold was now a “mere metal” and a “bad investment,” Gooding concluded.
Part 1 of this series looked at the successful executive and his or her image as a person of wealth. Perhaps we should refer to those individuals as apparently wealthy.
Part 2 looks a more enterprising group of wealth seekers. They claim to have found a secret means of gaining wealth. We have all run into them. At parties, they tell their private insights on getting rich. Here are several of the most irritating claims such people make.
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