Of all the precious metals, gold is the most popular of all as an investment. Investors generally buy gold as a hedge or safe haven against any economic, political, social or currency-based crises. It is seen as a stable investment in times of distress.
These crises include investment market declines, burgeoning national debt, currency failure, inflation, war and social unrest. Investors also buy gold early in a bull market and aim to sell it before a bear market begins, in an attempt to gain financially.
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