You can keep gold locked up without tending to it, without polishing it; the shine will remain. This can be said only about gold. Gold and glitter are synonymous terms.
Once again mankind is realizing its value after having played around with paper money and lately with virtual money. The eye-opener was the Great Recession of 2007 in USA. When America sneezed the entire world caught a cold.
This made humanity sit up to the eternal worth of gold. Virtual money seemed to virtually vanish into air as the housing crisis led to the mega recession.
Once again there is a surging demand for gold in the form of bars and coins; when the value of shares and stocks nose dive – the value of gold shoots up. Fortunately gold coins are produced en masse – there is no dearth. The price is pocket friendly. Gold coins assure three promises – great as investments, awesome for collectors and easy cash convertibility. The bonus point is that broken pieces of gold and silver can be exchanged either for new ones or for cash. Above all there is safety in investing in gold.
In this Internet Age dealing with gold is no problem. Just switch on the computer at your leisure time in the comfortable privacy of your own corner at home or office and click on Gold bar, Buy Gold bars, Gold bars for sale, Gold bullion, Gold bullion UK, Gold coins for sale, Gold for sale and Gold Sovereigns.
No longer does it entail long periods of waiting. Your gold is checked instantly and then sold; demand for the precious metal never flags. The entire transaction is done on the net. Here a word of caution has to be added – as in all other dealings – be wary of fraudsters and cheats.
It was in streams that gold was found first. To the Incas it was the “Tears of the Sun”. In brilliance, luster, durability and malleability – gold is without a peer. Pure gold can be shaped into many items. With other metals there are difficulties.
Originally ornaments were made out of gold and then slowly trading in gold kicked off. Images of the gods and cups and vessels were crafted out of gold. From the dawn of time man has been chasing two precious things – gold and water. Slaves and criminals were used for mining gold.
In ancient Greece gold money came to be first used. By the middle of the 19th century most of the countries wanted to maintain the gold market when the world market began to bubble. This led to the adoption of the gold standard. The paper money that governments issued was backed by gold reserve. It relieved man from trading with the heavy metal physically.
Till the close of World War I this system worked well when military expenditure escalated dealings. But paper money led to inflation with the lifting of the gold standard. This happened after the Great Depression of 1930s.
In 1973 for the second time the gold standard was withdrawn; the dollar became the yardstick of measuring the health of the currency and economy. The shock of the Great Recession once more underlined the eternal value of relying on gold.