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Sacha Millstone, vice president of the Millstone Evans Group at Raymond James sees the value in commodities for portfolio diversification but does not recommend gold specifically.
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But this is the first year that he has officially recommended gold in his model portfolio.
Connolly says: "We are very nervous about recommending gold after it has gone up so much in price.
His decision to continue recommending gold comes even while some investors feel that after such a steep run, prices may fall.
WHO also recommended gold as a food additive in 1983 [76].
Someone recommending gold or foreign stocks during those periods would look like a genius.
Larry Edelson recommended gold companies that do not hedge by selling their gold to the futures market pure gold plays.
Unlike what Postel implies, few of the serious gold standard proponents are recommending gold as a speculative commodity investment.
Wood, author of the Greed & Fear weekly letter, has been recommending gold since it was $375 an ounce.
City staff members recommended gold medallions, dwarf southern magnolias and African tulip trees as suitable replacements.
Palmiter highly recommends gold and diamond pieces as investments for their consistent market appeal, but also notes that colored stones have never been more popular.
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