All this talk about Gold gets someone thinking Why Gold? Besides the most important aspect of gold which is storing value, Gold has a lot of real life uses.
Of all the minerals mined from the Earth, none is more useful than gold. Its usefulness is derived from a diversity of special properties. Gold conducts electricity, does not tarnish, is very easy to work, can be drawn into wire, can be hammered into thin sheets, alloys with many other metals, can be melted and cast into highly detailed shapes, has a wonderful color and a brilliant luster. Gold is a memorable metal that occupies a special place in the human mind.
What an interesting way to put it!Gold is up almost 5 times in US dollars in the last 15 years (much more against many other currencies ), and still only 1% of world financial assets are invested in gold. Thus very few investors have participated in this major appreciation of gold since the early 2000s whilst price risk in equities and fixed income is increasing.
Its time the world started realising the value of gold!!