Fool’s Gold

by admin | March 30, 2007 | In Investment Terms

A gold-colored mineral that is often mistaken for real gold.

Also known as Iron Pyrite.

During historical periods of gold rushes, many
less-than-knowledgeable miners would frequently believe that
they hit the motherload upon finding a huge cache of fool's gold.
Unfortunately, unlike the real stuff, fool's gold is relatively
worthless.

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