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Tag: Why History Chose Gold

Ancient Money Coins

Free Markets Chose Gold Investing: It Doesn’t Need Government

Before the governments of various countries started printing currencies, traders required some way for trading and exchanging goods, such as gold. However, they did not start with the yellow precious metal. On going through history we realize that man tried a large variety of items which could be employed as money, including cereals, fruits, salt and candy. Finally, it was…

Vintage Gold Rush Poster

Durable, Malleable, and Equally Divisible: Gold Investing Survives

It is difficult to find any other commodity that would financially be as useful as gold. This is just one the basic reasons allowing the precious metal┬áto maintain its eminence over generations. Can you imagine some fruit, for example bananas being used as currency? Fruits are perishables and differ with regions and thus can’t contain value. The same holds true…

Vintage Gold Miners Mining

Why History Chose Gold Investing: What it Means to Investors

The ongoing discussion about the fate of gold in the coming years can be split into two basic arguments. Some people assert that the epoch of gold is finished, every time its price comes down. Conversely, proponents of the precious metal┬ácaution that currencies will become insignificant and only those with the prudence to procure precious metals will benefit. You may…