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Gold has seen a wild ride over the last decade. The beauty of having gold as part of your investment portfolio is, like real estate, it will literally never lose all of its value. If the stock market completely crashes you could stand to lose a large portion of even all of your investment. In that situation, more than likely, the value of your gold would rise dramatically. The same goes for gold and platinum.
Suppose the worst happens and your house burns down. Antiques, artwork, collectibles and even cash could literally go up in flames. Your precious metal on the other hand would simply melt. But it would still hold its value.
Check out the historical trends of precious metal by using the chart below.