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Investing in gold is a good idea Gold is considered to be the safest option for investment as it does not involve complicated procedures. But since the changing times, there are myriad ways available for the investors to invest in gold. Primarily, due to the fact that it acts as a hedge against inflation, offers…
Category: Gold Collectibles
What is the Gold Standard?
What exactly is meant by the phrase “gold standard”? Gold standard is a monetary system where a country’s currency has a value directly linked to gold. A country that uses the gold standard sets a fixed price for gold and buys and sells gold at that price. The appeal of a gold standard is that…
Gold: The Unsanctionable Money
Since the Russian invasion of Ukraine earlier this year, one of the main economic debates has been whether the sanctions placed on Russia by the West and other European nations are working or not? Given the fact the Russian Ruble has been the best performing currency of the year and those European nations, like Germany,…
Why Gold is a safer investment than Bitcoin
Gold is a chemical element that has a scientific symbol of Au. It has a high economic value due to its scarcity. It is hard to mine, refine, mint and ship, therefore, its high price and premium. Bitcoin is a decentralized online currency that does not have a specific bank or single administrator. This…
