Last 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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