Is Gold still the most dependable currency?

Yes

# Gold crossing the $1000 mark for the first time in history places it as the best currency one can still possess.

goldjpgr 3868

# Risings prices of agricultural commodities and oil coupled with a falling dollar brings out the risks of paper currency.

No

# As a real currency, Gold has not been able to keep pace with inflation, even though it is being traded at highest prices ever.

# An impending American recession has caused a credit crunch, pushing up Gold prices and as the financial system stabilizes, its prices will recede; eroding the real worth in currency terms.