Tag: gold

Gold Reserves May Become the Next Global Currency

Currently, governments all over the world are aggressively increasing gold reserves over paper money. Countries like China, Russia and India, are actively adding to their gold reserves. Some financial experts predicted that Russia would liquidate its gold reserves for dollars in order to resuscitate its weakening currency. However, the Russian government is acting on the contrary by replenishing its 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 metalΒ 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…

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 metalΒ caution that currencies will become insignificant and only those with the prudence to procure precious metals will benefit. You may…

Gold Nest Egg

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?…