The euro's plunge shows why you should hold gold

The euro has taken such a battering recently that its very future is being questioned. And it's not just the euro that's in trouble, as governments abandon any sense of fiscal responsibility. That's all the more reason to stock up on gold, says Dominic Frisby.

It's quite astonishing how quickly sentiment can change.

In early December, the euro was trading at all-time highs against the US dollar, somewhere north of $1.50. Across the continent, be it in Rome, Frankfurt or Paris, US nationals were seen to wince each time they reached into their wallets. Meanwhile German exporters grumbled about their lack of competitiveness.

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