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Some people think that gold has no intrinsic value and that gold's only worth is as a material to make jewellery. Others assert that gold is an asset with various intrinsic qualities that make it unique for investors to gather in their portfolios.
In the old days, a coin of some metal was easier to exchange than to implement a barter system. Of all the metals, gold was the logical choice.
If the modern paper-money economy were to collapse, we would fall back to gold.
That means that gold will always have value in difficult and in good times.
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