Gold is a currency for crisis
Against the decline of the dollar, the inflation and the possible crash of the stock markets, gold is an alternative we can recommend. The financial experts also say that gold is a currency for critical periods. The shining metal is considered to be a safe harbour and promises protection against inflation. For investors from all over the world are changing their dollar bills against gold, it is no surprise that the fine ounce (31,103 gram) of gold since the crisis of real estate in the USA which began in the middle of the last year has increased by about 50 percent.
Gold keeps its role as a secure and valuable raw material in periods of global insecurity
We can consider the political and economic climate all over the world to be instable. Firm asset values, especially gold, are not affected by such instabilities and recover extraordinary yields, especially during those periods. In insecure times, gold is a harbour of security.
Offer and demand: raw materials are going to be scarce
In 2000, the mine production of gold amounted to 2.400 tons, it continues diminishing. In 2010, the production is estimated to 2.000 tons. But the demand is increasing permanently. In 2004, it was 4.100 tons and is going to increase to 5.000 tons in 2010.
Gold is the only real currency
“The person having the gold decides about the rules.” Gold is the only currency to which no debts are connected, so its independency is granted.
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