The fact that gold has more intrinsic value than cash, doesn't necessarily mean gold will outperform currencies Probably if you had 10,000 Swiss francs in 1979, you would've been better off holding the franc than buying gold. UBS now has a $730 target for gold in year 2010.

And gold now down $140/ozt since he made his recommendation, which shows, as if anyone ever had any doubts, that ATA is clueless.