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Commodities Briefing - Categorized | Bullion/Gold, Investment more

Three reasons to buy gold now

Posted on 25 February 2014

Most people buy gold as a reaction to the uncertainty around them. Gold in a synonym for wealth and money even though in the modern world it is neither. In an economy where a recently founded vendor of chat software WhatsApp can be worth to Facebook around 14% of the annual gold production, gold for practical purposes has long lost its central place in the global economy.
Money, of which gold was the first iteration, is increasingly becoming more abstract and there is just not enough of it around to fund the liquidity needs of global money………………………………………..Full Article: Source


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VRS - who has written 36685 posts on Opalesque Commodities Briefing.


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