The Latin word for gold is aurum, which can be translated literally into English as glowing dawn. Gold artifacts from places like the Balkans and Israel date back for more than 6,000 years. Clearly, gold has value and has proven to be a solid investment over the course of time.
Gold is seen as a form of investment insurance against economic downturns, inflationary pressures, and currency manipulation.
Millions of Americans are seasoned enough to remember that remnants of the gold standard lasted until President Nixon, though the gold standard in America stretches far back into American history. The history of the gold standard in the United States provides a few object lessons in the value of gold,
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