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 1895 $20 DOLLAR LIBERTY GOLD COIN PCGS MS61  US $1,988.00
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 1908 TWENTY DOLLAR GOLD PCGS MS 65 NO MOTTO US $2,150.00
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 1855 WASS MOLITOR GOLD COIN TWENTY DOLLAR GOLD COIN US $16,900.00
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 1908191319241927 GOLD 20 DOLLAR USA MINT CONDITION US $22,600.00
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 HTF 1914 D $20 DOLLAR SAINT GAUDENS GOLD COIN NGC MS63 US $2,188.00
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 1904 P $20 MS63 NGC Dollar Liberty Head GOLD US $2,699.99
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 1904 TWENTY DOLLAR LIBERTY US GOLD PCGS GRADED 63 US $1,985.00
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 DOUBLE EAGLE 20 DOLLAR GOLD COIN 1891 S LIBERTY HEAD US $1,750.00
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 Very Nice 1892 Liberty 20 Dollar Gold Coin w 14K Mount US $2,950.00
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why do countries buy gold when the value of the dollar goes down?
i was reading some of todays business news. and it says that more and more countries are buying gold.
here is a small paragraph of the actual article:
"With bank shares across the world plunging and the US dollar still unstable, central banks have no better option but to diversify their reserves into gold, considered the only alternative to the US dollar and euro."
Why buy gold in particular whenever the value of the dollar and/or the euro go down?
and why gold? is there anything else besides gold?
During times of inflation or instability, gold holds value like nothing else. If the United States collapses tomorrow, dollars would be worthless, but gold will still be trade-able for Euros or whatever currency is in use.
Grandpa