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Wednesday, July 11, 2012

Gold to Outshine U.S. Dollar


As the price of gold has gone up fivefold over the past 10 years, why would one buy it at today's prices? For the same reason an investor would buy any other asset: if one believed it would be a good investment now, that is if one believed it may appreciate in value and add portfolio diversification benefits. A key reason to hold gold today might be to prepare for the crisis tomorrow.

The Market Oracle

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