From Seekingalpha.com: Gold is liquid, compact, universally accepted, and cannot be created or diluted at will. As investors face 0% yield, uncertain economic times, and daunting deficits, it’s no surprise that gold came through 2008 unscathed.
Gold has fared very well while all other asset classes endured severe correction in 2008. Gold right now is near its historic high compared to oil and copper. It is an emotional investment, which makes the top and bottom difficult to call….. Full Article: Source