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Finding Gems in Metals

Stock quotes in this article: ASA , GLD , IAU , OPGSX , MIDSX , VGPMX  

Editor's note: As a special feature for April, TheStreet.com offers a series reviewing the first-quarter performance of mutual funds and ETFs. This is the third installment.

Investing legend Warren Buffett never found precious metals to be all that precious.

"We melt it down, dig another hole, bury it again and pay people to stand around guarding it," he said about gold in a 1998 speech at Harvard University. "It has no utility. Anyone watching from Mars would be scratching their head."

It may not have utility, but it certainly has value, and we believe it's worth a look as an investment. ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,447.85 1,108.66 2,192.17 33.80
Oil *
78.20
DOWN
4.83
DOWN
0.58
UP
7.14
UP
0.57
10 Yr
3.38%
SPDR Gold
119.46
-0.05%
-0.05%
+0.33%
+1.72%
Data delayed 20 minutes

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