Why Gold has been going up?
Gold has been going up every year since 2000. In December 2000 Gold closed the year at 272,25Last year, 2012, closed at 1675,35
why has Gold moved so much?
1.Gold has some link with money printing from central banks.
2.Bank can go out of business in a short period of time (Lehman)
3.The Government can cut your access to the money you have in the bank (Argentina & Cyprus)
4.Everybody knows what you have in a bank (Government, etc....)
I think these are some of the reasons why i think it make sense to have a bit of money in Gold if you can store it safely.
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