Safe Haven | As Good As Gold
A financial information site with an emphasis on Gold and Preservation of Capital. — As the price of gold has pulled back from its recent run up to $1200, many investors are left to ponder what exactly drives the movement of such an … The British pound sterling, which had always been fully convertible into gold, was selected as the official ‘reserve currency.’ Then, during the Great Crash of the 1930′s, the collapse of Austrian and German banks triggered a run on …
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