The price of gold shot up yesterday. Reports said investors were betting on another round of “quantitative easing,” aka money printing. But are gold buyers making a big mistake? Is history repeating itself? The New York Times suggests it is: As it was in 1980, could it be again in 2012? The 1980 presidential election [...] Why Gold is Money Despite Changing Conditions originally appeared in the Daily Reckoning . The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.