For over four thousand years gold has been regarded as a form of money and store of wealth. The use of gold superseded alternatives for a number of reasons including its rarity, luminosity, character (weight, softness), malleability, fungibility and resistance to tarnish.
Hoard of ancient gold coins.Since the collapse of the gold standard, gold has largely lost its role as a form of currency, but is still considered by many, especially by central banks, as a store of value and a safe haven in times of crisis. Gold and other precious metals are unique assets in that they are physical (i.e. real) and liquid (i.e. easily traded), unlike real estate which is physical but not liquid, or company shares and bonds which are liquid but not physical (i.e. a share certificate is just paper). Other traders and investors see gold as nothing more than just another commodity, such as copper or lead, and treat it as such.
Today's Featured Article:
There are three basic rights you should know about when it comes
to resale rights marketing.
These are:
resale rights master resale rights private label rights
Whenever you purchase a product with resale rights, you will
only have the license to sell the said product to other people.
When you purchase a product with master resale rights, you will
have the license to sell the product to other people, and you
will also have the option to sell the resale right for the same
product as well.
This means that the people to whom you sell the resale rights of
the product whose master resale rights you
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