Gold, silver, platinum, precious metals, these are commodities, where it is worth to invest.
Gold, silver, platinum, precious metals, these are commodities, in which it is worth investing.
Precious metals are long-tested investments both at present and in the future. An increase into alternative investments can be expected, because people do not know so much about short-term investment, as to cope with the ongoing recession. Investing in precious metals is currently one of the options to preserve one´s investments and ensure their property from destruction.
That this can happen, documents the case from Cyprus, where the tax of deposits broke the confidence in the banking system and on the contrary it was confirmed, that the assets invested in precious metals were one of the safe investments of ordinary citizens.
Gold has been used as a form of safe money at least since 560 BC until the end of the Bretton Woods monetary system in 1971. It was used for the keeping of the value of both individuals and states throughout this time (since the beginning of the Bretton Woods system in 1945, than it was limited only to states).
Precious metals meet the conditions of long-term investments due to historically based long-term trends and that protects your property.
Since the end of the Bretton Woods system gold has fundamentally lost its role as a form of currency. Its use has been extended to the industrial sector and electronics. But it is still regarded as the bearer of value, especially in the times of crisis. Central banks still retain large gold reserves.
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The selling price of gold and precious metals is determined each day according to the current prices on the world market.
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