16.11.2015 - Gold remains the best insurance for a crisis
As central banks race to devalue currency private individuals are hoarding record amounts of gold. The price of gold might be falling, but private individuals are buying record amounts of the precious metal, and as fears grow about the outlook for the global economy the long term attraction of gold remains. The strength of the US dollar and the threat from rising interest rates have made it a tough year for gold. The yellow metal was down 9pc last week to reach a five-year low at $1,083, and that marks a 43pc fall from the all-time high of $1,900 reached in 2011...............................................Full Article: Source
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