Knock gold investment if you want but prices are up over 16% YTD

Just what is it that makes people trust gold as an investment?
As the precious metal hits a 1-year high – driven by investors looking for a safe haven during the nuclear stand-off on the Korean Peninsula – we take a hard look at just why gold commands the respect it does.
We also look at the questions that come up every time prices jump. Is now a good time to buy? How long will prices increase?
What are the historical implications for long-term investing?
And when the global economy finally melts down, what good is a commodity that you can’t eat of make weapons out of? Yes, it’s that kind of conversation.