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Tag: currency crisis

This Is What Gold Does In a Currency Crisis – Real World Example Playing Out Now

by John Rubino on December 16, 2014 To say that gold is in a bear market is to misunderstand both gold and markets. Gold isn’t an investment that goes up and down. It is money in the most basic store-of-value sense. Most of the time it just sits there, and when its price changes in local currency terms that says more about the local currency than about gold. But when currencies collapse, gold[...]