Our bottom line: Given current valuations and central bank policies, we see gold as a compelling inflation hedge and store of value that is potentially superior to fiat currencies.
Read more: http://www.minyanville.com/sectors/precious-metals/articles/pimco-gold-currencies-gold-price-price/10/1/2012/id/44563#ixzz288kolaKl
Read more: http://www.minyanville.com/sectors/precious-metals/articles/pimco-gold-currencies-gold-price-price/10/1/2012/id/44563#ixzz288kolaKl