Given the excellent economic value of gold, it is anticipated that it is going to be an alternative to paper money as a currency of the future. Today, in almost every country, a fiat currency is used. The latter is based on paper money and is not backed by a physical commodity, such as a precious metal. It is based…
Category: Gold Best Gold IRA Plan
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…
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 to 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…
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 caution that currencies will become insignificant and only those with the prudence to procure precious metals will benefit. You may…
Securing Your Retirement Savings Value with a Gold IRA
The value of the U.S. Dollar is slowly depreciating and this can have a costly effect on your 401 K accounts without a gold IRA. The longer you keep your 401 K retirement fund in dollars the less you will actually have when you are ready to retire. How can you secure your retirement fund from this type of depreciations?…
Capitalizing on Fiat Currency Devaluation: Gold and Silver Investing
If there is one thing that will insure that the value of precious metals like gold and silver it is that they will rise in difficult times. Because of inflation and falling stock prices, people tend to look for tangible assets that do not lose their value. This has been something that society has done for thousands of years. Almost…
Remembering the 2008 Money Financial Crisis
During the 2008 Money Financial Crisis, many portfolios took a significant hit. Stock prices took a plunge, real estate was in the tank, and many had their confidence shaken in the viability of the once churning American economy. If you had invested any money in the market or other ventures, you probably did not have the best reaction to these…
Traditional Economic and Political Order Shifts over Gold Reserves
In the past few years, countries like China and Russia have placed a sudden emphasis upon leveraging gold reserves. This gaining interest has be witnessed by the financial system all over the world continuously. With a common interest shared between the countries, energy and infrastructure related trade between both the countries have also seen a massive surge, resulting in extended…
Eurozone Stress Spurs Gold Repatriation Demand
In the past several years, many countries from all over the world have repatriated their gold reserves held offshore. Even European countries have started following the trend off late. This gives a clear indication about the future economic trends that are likely to happen. Central European countries such as Netherlands, Belgium, Germany and Austria combined have nearly 4,000 tons of…
The Central Banks are Repatriating Gold
Of late, a new pattern has been emerging with gold reserves that translates to the fragility of the financial and currency system present in the modern day world. As the central banks of China and Russia are piling up their reserves, the precious metals speculators are paying close interest regarding the financial order that is emerging out of the process. The central…