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…
Tag: gold
3 Signs Gold Could Replace Paper Money as Global Currency
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…
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…
Stuck At Zero – Global Risks Have Tied The Fed’s Hands ow.ly/SW7jk #goldiraplan, #goldinvesting, #gold pic.twitter.com/lSs1KWzv2E
Stuck At Zero – Global Risks Have Tied The Fed’s Hands ow.ly/SW7jk #goldiraplan, #goldinvesting, #gold pic.twitter.com/lSs1KWzv2E
Agnico Eagle provides Mexican exploration update… ow.ly/T1N25 #goldiraplan, #goldinvesting, #gold pic.twitter.com/V06CQMabzu
Agnico Eagle provides Mexican exploration update… ow.ly/T1N25 #goldiraplan, #goldinvesting, #gold pic.twitter.com/V06CQMabzu
World Enters Twilight Zone Where Markets Demand Higher Interest Rates ow.ly/T1YlE #goldiraplan, #gold pic.twitter.com/QS1Pbijz7b
World Enters Twilight Zone Where Markets Demand Higher Interest Rates ow.ly/T1YlE #goldiraplan, #gold pic.twitter.com/QS1Pbijz7b
Best IRA Approved Gold Coin Purchases
Since its 1986 introduction, the American Eagle has become the king of all IRA approved gold coins because of its continually increasing popularity. Owing to the fact that American Eagle coins are made of 22 carat, many believe that they contain less than coins that are made with 24 carat. But this just isn’t true. In reality American Eagles contain the…
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?…