The 19th century philosopher Friedrich Nietzsche once had this to say about gold: "How did gold get to be the highest value? Because it is uncommon and useless and gleaming and gentle in its brilliance; it always gives itself."
I'm not quite sure what Nietzsche meant about gold giving itself, but the rest seems quite clear: Nietzsche was a fan of the yellow metal.
I'm old enough to remember the last bull market in gold during the 1970s. I worked in a bank then and I recall seeing people come in with their gold bullion to put in their safe deposit boxes. It seemed that everyone wanted gold.
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