The yellow metal generates no cash, grows no crops, provides no shelter and supplies no useful service. It hasn’t been official money for decades, says Brett Arends, of Market Watch. It isn’t any kind of “safe haven” because it always seems to be crashing or booming or crashing again. But here’s the funny thing: It’s been going up. Big time. And for none of the usual reasons. China and Russia have been stockpiling gold, helping to propel the precious metal to its highest level in more than six years, Fox Business reported. The People’s Bank of China has added about 100 tons of gold to its reserves since December. ... (full story)