Thursday, August 12, 2010

The value of gold will never increase!

I concede to your claim that you know when and where to buy gold coins, but do you know that, the basic value of gold has not changed ever since the yellow metals caught the fascination of humankind.

I know you are about to argue with me: “why then, we keep paying more to buy a single gram of gold.” It is because the paper currency has been losing its value of purchasing power that gives you the impression that the value of the gold has gone up.

The gold remains the same in all its physical and chemical qualities. Even the cost of mining gold has come down due to usage of modern machineries thus bringing the production cost of gold bars.

We still use gold in ornaments and in nothing else. We don’t convert gold into edible products.

Therefore, the value of gold remains the same and that is why investing in gold at any time is the safest way to preserve your wealth.

The latest web release by the United States Gold Bureau emphasizes the above point only.

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