|
  |
|
|
Financial Storms - Gold, Your Save Haven
By Albert Niekerk of www.super-miling.com/bullionvault.html
Did you know that gold’s value increase during periods of inflation and fluctuating currency values? In the 1970’s gold was a very good investment vehicle, while during the 1990’s when inflation was low, the demand for gold dwindled and gold companies nearly stopped exploration. Gold prices bottomed during the year of 1999 and started climbing back to its current glory due to the emerging Asia countries. The West steadily invests in gold as a save haven as demand rise in the East. Gold is liked as it can gain value in both recessionary and inflationary times as we are experiencing lately. When central banks allow inflation to raise (low interest rates) our paper money loses value relative to gold and when central banks raise interest rates too high (recession happens) gold will retain its value with better margins compared to paper money. Even during recessions, gold’s price can and will rise. Gold is like having insurance against bad times and bad decisions made by governments across the globe. I personally would keep at least 10% to 20% of all my assets value in gold bullion as I would be very glad to have gold should the worlds economy even get worse than what we are already experiencing. Gold is finite and can’t be made out of thin air; paper money on the other hand can be printed as needed, which means its value keeps on changing for the worse. Maybe I should ask my boss to be paid in gold, now that is a good idea. You can get gold from here: Gold Oh Wonderful Gold
|
Contributor's Note
Gold can be used over and over again. Petrol on the other hand only once. Burned and forgotten. Save fuel and use the money to invest in gold. You have nothing to lose, only to gain. www.super-miling.com
|
|
Gold Bars in Zurich
PLEASE VISIT THE CONTRIBUTOR'S WEBSITE
No reactions yet.
Please login or sign up to rate this intel.
Please login or sign up to add a comment.
There is something magical and undefinable about gold that makes it more attractive than other valuables and investments. Just wondering, is it possible to buy gold for less in South Africa? You're near the mines, after all, and products are usually less dear when purchased near the point of production.
CONTRIBUTOR'S REPLY
Thanks for the comment Brad, no we don't get it cheaper, business is business, we pay the same spot price everbody else pays. As soon as you get it cheaper you may become competion for the gold cartels, the same applies to the diamond business. Then again any person in the world where the money supply is divorced from the gold standard you'll only get opposition from your government if you sell gold without the required permits. Big Brother is always watching. Have to go now, think I hear them at the door.
The copyright for this content entitled "Financial Storms - Gold, Your Save Haven" has been specified by the contributor as:
All Rights Reserved
This content may not be copied, distributed or adapted by anyone under any circumstances.
|
 |
|
This intel was contributed by Multo
|
May, 2012
2008
January, February, March, April, May, June, July, August, September, October, November, December
2009
January, February, March, April, May, June, July, August, September, October, November, December
2010
January, February, March, April, May, June, July, August, September, October, November, December
2011
January, February, March, April, May, June, July, August, September, October, November, December
2012
January, February, March, April, May
|
|
Not a member yet?
Qondio is a powerful network for making it online. If you have a website to
promote, we can help.
Sign up and get in on the action.
|
|
Welcome to Qondio! Discover the awesome power this network can deliver by going to our About page. Or you could skip straight to the Sign Up form.
|
|
