Gold is one form of exchange that people have agreed upon worldwide, since it was discovered. That shiny metal around your neck has been used to barter for centuries.
However, gold has many other uses. Knowing how gold is used can help you understand its true value. It’s more than just another form of currency.
An Investment Opportunity
Gold is often seen as an alternative when the bull retires and the bear market comes out. A recent retreat in U.S. Ten Year Treasury yields created a slight increase in the price of gold.
Historically, investors have used gold as a hedge against currency devaluation and inflation….