Throughout history gold has acted as a store of value and a medium of monetary exchange. In Fact, Gold takes us on a tour around the world from prehistory up to the modern day. As early as 17th Century BC, gold was first used as a monetary exchange in Lydia, located in present-day Turkey. Paper money has had a much shorter and more volatile world history than gold. For more than two thousand years individuals have owned gold and it has proven to be one of the most secure methods of passing savings to the next generation. In fact, it’s one of the few assets you could take almost anywhere in the world and exchange it for services or goods. Today, GOLDGRAM™ bars are one of the unique ways of adding Gold into your portfolio. Stock market's crash has led many people to keep their money in mattress and not put it anywhere else. However, Gold is known as; safety and hedge against a falling currency.
As global gold resources are depleted, it will become increasingly more expensive to incorporate physical gold into your portfolio. World markets in Europe and India are already experiencing the rising value associated with high gold demands.
We have not seen the full extent of devastating inflation in today’s United States economy, but before history repeats itself and the currency is devalued further it is prudent to invest in gold so as to protect your portfolio. Two of the most dangereous issues currently facing our nation are the great unknowns regarding counterparty risk and the tremendous increase of the money supply. Gold is the only asset that is not somebody else's liability and increases in value when the money suplly infladed. At this point investing in gold is inevitable.
© GOLDGRAM - 2009
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