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Commodities Briefing - Categorized | Bullion/Gold, Commentaries more

Is gold becoming more convenient?

Posted on 07 January 2013

On the surface, gold is not often seen as a convenient financial instrument. It is old fashioned, requires a place for storage and is not easily obtainable for the average American at current prices. However, the precious metal continues to evolve as the worldwide financial crisis motivates individuals to seek protection.
Gold may be old fashioned, but only because it has stood the test of time extremely well. For thousands of years, gold has satisfied the three common requirements of money. First, it is a medium of exchange, as gold can easily be bought or sold in the market without causing a large movement in price or a loss of value………………………………………..Full Article: Source


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VRS - who has written 36151 posts on Opalesque Commodities Briefing.


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