9 Things to Hoard for a Troubled New Year

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Gold

Gold185 9 Things to Hoard for a Troubled New YearOf course, if you believe that a crisis is brewing, why not just go with the old standby of gold?

Billed as the ultimate inflation hedge, gold is metal of choice for the doomsday crowd. It is a tangible asset unlike stocks or paper money, and worth enough on a per-ounce basis to make your life savings portable — though a bit heavy if you’re well-off.

At about $1,700 an ounce, gold has rolled back from its mid-2011 high of almost $1,927 an ounce … still, the precious metal has more than tripled since 2005.

For thousands of years gold has been valuable, and likely will remain so no matter what the future holds.


Article printed from InvestorPlace Media, http://investorplace.com/2012/12/9-things-to-hoard-for-a-troubled-new-year/.

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