Sunday, October 11, 2020 The Power Of Gold The gold standard is one of the most discussed topics. Powered by banks, gold fund managers, and the general public, it developed due to the continuous increase in the price of gold, which allowed everyone to buy more gold to preserve the value of their wealth over a considerably large period. Central banks, who were gold sellers, shifted towards buying it. Countries with stable economies restrained themselves from selling it, and countries with a surplus converted all that surplus to gold.... Read More store76143 Sunday, October 11, 2020
Sunday, October 11, 2020 The Race For Gold Countries all over the world are in a phase of an unspoken race: a race to buy as much gold as they can in order to defend and back up their currency. It seems that the USA is leading this race, but if we have a micro look at the numbers, we?ll realize that Switzerland tops the list. From a per person point of view, the USA stands at the ninth position, surprisingly below countries like Lebanon and Portugal. This is because the majority of the gold reserves of the USA are held by the... Read More store76143 Sunday, October 11, 2020
Sunday, October 11, 2020 Better Investment Option - Gold Or Money? The continuously increasing prices of gold have caught the financial world off guard and thrown it into a complete shock. Financial experts, who at one time suggested investors stay away from gold, are now advising people to buy as much gold as they can, using paper money. This has aggravated to a point where Robin Griffiths, a strategist at Cazenove Capital, termed not buying gold as 'an insanity' as every currency in the world depreciates over time. But, the price of gold seems oblivion... Read More store76143 Sunday, October 11, 2020
Friday, October 2, 2020 Gold Sovereigns for Investment Purposes Gold coin collecting has become a popular hobby in recent times; however, history shows that gold coins of various types have existed in the world before they were even popular. One such gold coin is the "Gold Sovereign Coin", dating back to the 15th century under the rule of King Henry VII, in London. Due to how rare and ancient these coins are, their values stand in the thousands. What are Gold Sovereign Coins? Gold sovereign coins, popularly known as "the sovereign", is a gold coin... Read More store76143 Friday, October 2, 2020
Saturday, September 26, 2020 Why Buy Gold and Silver? Buying gold is often considered the holy grail of precious metals investment strategy. However, a diversified buying strategy can increase your liquid assets as silver is easier to buy and sell. It all depends on how long you intend to invest and if you require liquidity before your expected maturity of the investment. Gold costs about 100x the price of silver. Hence buying and selling silver is an easier option if you want quick liquidity of assets. Long-term investors prefer gold, while... Read More store76143 Saturday, September 26, 2020