| Many investors hold at least some gold in their portfolios as a form of insurance for market, currency, liquidity, or other form of financial collapse. Gold is a currency substitute, and has a constrained supply (the only increase is through mining new gold).
Primitive societies, thousands of years ago, recognized this as an intrinsic store of value, and this has not changed. The value of gold should increase during times of uncertainty, so a long position should provide a hedge for a financial or political crisis...............................................Full Article: Source
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