– September 1, 2009

Economic Bulletin

Vol. XLIX, no. 9 | September, 2009

Gold has no official monetary role but central banks and individuals hold it for good reason. It serves as a store of value, a means of investment diversification, and as protection from economic or political crises.

by AIER Research Staff

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AIER Staff

Founded in 1933, The American Institute for Economic Research (AIER) educates people on the value of personal freedom, free enterprise, property rights, limited government, and sound money. AIER’s ongoing scientific research demonstrates the importance of these principles in advancing peace, prosperity, and human progress.

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