FOR THOSE PEOPLE WHO ARE INTERESTED IN THE TOPIC OF FINANCIAL SECURITY and decide to exchange part of the paper money for gold and precious metals, we present important information / possibilities:
Three golden rules for investing in precious metals:
1) Think a step forward in a way that one day we can sell
2) Have a certificate (gold in certiliners), it is safe for later transaction
3) Buy in various denominations and smaller and larger weights (levers)
REASONS FOR INCREASE IN DEMAND AND GOLD PRICE:
- Questionable results of monetary policy of leading central banks
- The security and stability that investing in gold brings to investors
- Portfolio diversification to reduce investment risk
- Gold prices remain attractive compared to the prices of other forms of property
- Strengthening of the middle class in Asia, especially in China and India, and its orientation towards gold
The growth of gold prices in the last 20 years
Gold: a precious metal with a long and rich tradition
Gold is a precious metal with a long and rich tradition. Egyptian rulers used it as a symbol of power, and the ancient Latins named it “Aurum”, believing it to have the “glow of the rising sun”. No other element evokes such strong, almost mystical feelings in people. Because of its extraordinary properties, gold is the object of fierce human passions, hopes, greed. Women use it as an ornament to the body and clothing. Men as a means of business and exchange. States jealously guard it in their treasuries as a guarantee of economic stability, and as a symbol of glory and power. Religious communities decorate their relics and religious artifacts with it. Gold is considered the metal of nobles, kings and rulers.
Although gold has been present in the volume of the planet Earth since the formation of the solar system, it is believed that literally all commercially viable deposits of this precious metal were formed much later, as a result of the fall of meteorites and asteroids. One of the largest celestial bodies to hit the earth many millions of years ago created a 300-kilometer-diameter crater in South Africa. Today, the world’s richest gold deposit is located there. It can, therefore, be said that the gold we possess and use is a true gift from heaven.
Gold has extremely interesting physical properties. The most extensible is the known metal, since a single gram can be rolled into a foil the size of one square meter. Extremely thin gold leaves become transparent and acquire a greenish-blue sheen, as gold strongly reflects yellow and red light. Gold is also an excellent conductor of electricity and heat. The density of the yellow precious metal is extremely high. One cubic meter of gold (that is, a cube with an edge one meter long) weighs 19 thousand kilograms. If you think lead is hard, think again. A cubic meter of lead weighs “only” 11 thousand kilograms, or about 40 percent less.
In the periodic table of elements, gold is found under the ordinal number 79 and marked Au.
Its melting point is at a temperature of 1064 degrees Celsius, and its boiling point is at 2856 degrees Celsius. It can be found in nature on its own, in the form of lumps of pure gold, or in combination with tellurium.