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A former antiques dealer, Berger was at the fore of what has emerged as a sizeable herd of private investors worldwide buying gold in various forms. In eight months he estimates his original 39,400 pound ($60,300) investment has risen to more than 52,500 pounds — a return of nearly 35 percent.

“If I’d put it in the stock market, I could have lost the lot. If I’d put it in a bank, it could have gone bankrupt. If I’d stuck it under my mattress, I could have been robbed and had nothing left,” he said.

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