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  • Homer called it the glory of the immortals to the Incas.

  • It was the sweat of the sun.

  • The Egyptians believed it would support them in the afterlife.

  • For thousands of years, gold has tempted explorers supported empires has become a market barometer.

  • Its value stems from its rarity.

  • A lthough gold mind over the course of civilization wouldn't fill for Olympic size swimming pools.

  • A direct link between gold and currency emerged in 550 BC when the first gold coins were struck in what is now part of modern Turkey.

  • In the 19th century, currencies around the world were fixed to gold.

  • That lasted until 1971 when President Nixon announced the U.

  • S would no longer exchange dollars for gold at a set price.

  • For investors, though, gold still glitters in times of crisis.

  • Its value Pete, at $1900 announced in 2011 on demand, often spikes at times of market stress as investors look for a safe haven.

  • Despite the allure, gold is not immune.

  • Thio Economic realities A slowdown in China has pulled prices down on gold's usefulness, is limited its primary purpose today for jewelry.

  • Still, many follow in the footsteps of the Spanish conquest Adore on an Cortez, who said, I and my companions suffered from a disease of the heart that could be cured only with gold.

Homer called it the glory of the immortals to the Incas.

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