Gold’s value as a currency lies in its uniqueness and its long history for being used as a reliable store of value, this according to Chris Mancini, analyst of Gabelli Gold Funds.
“The big picture story on gold has always been, and always will be the fact that it is an asset, a currency, that can’t be replicated and can’t be created at will like other currencies,” Mancini told Kitco News on the sidelines of the 121 Mining Investment conference in New York.
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