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Why people turn to gold during turbulent times

Posted on 09 March 2009

From Livemint.com: In a machine-created vacuum, paper currencies and gold would fall at the same velocity under the influence of gravity. But in a market-created vacuum, paper currencies may fall like dry leaves, but gold still manages to float around.

Ever wondered what makes gold a currency of last resort or a final store of value? It is surely not just its glitter or its unique chemical composition. It is our faith which makes gold what it is. Let’s take a peek into the long history of this unique metal….. Full Article: Source


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VRS - who has written 39895 posts on Opalesque Commodities Briefing.


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