Gold plays an additional role, which is to serve as a store of purchasing power. It can also be used in productive processes but the bulk of gold demand comes from its use as a reserve.
Plan Your Currency and Commodity Trading Strategy, Tips for Commodity Traders
September 13, 2009 By
Should We All Have Some Gold In Our Portfolio?
June 11, 2009 By
With the bad economic conditions, the stock market has gone way down over the last couple of years. One would have though that the price of gold would would have gone up during that time as people usually buy gold as a hedge against hard times. Gold is the one thing that can be counted on to never go to zero and it is seen as an insurance policy in case things get dicey and that they are right now.
