Thursday, October 14, 2010

Interactive Spot Gold Price & World Currency Charts

Throughout history, gold
Since the beginning of recorded history, gold has always been the most respected and admired man of property.
Empires rose and gold in the back of the money is really behind the New World gold was found on the basis of wealth, war, won the gold treasures held in the hope of achievement.
All great civilizations past revered gold as well as during difficult times and store of value as a bargaining chip to trade in peacetime.
History has shown that in the long term always maintain the purchasing power of gold and stocks, bonds and currencies as excellent protection against paper assets as the action continued erosion.
Why you should buy gold?

From an investment standpoint both ancient and modern history to prove the importance of having gold in your portfolio. Once you understand that all the world's currencies now "fiat" currency (money has no intrinsic value, own, and backed by intangible assets such as gold) certainly needs to own gold.
In September 2009 USD gold penetrate strong psychologically important $ 1,000 per barrier Oz and some are now predicting up to $ 2,000 - $ 5,000 per Oz in the coming years.
George Bernard Shaw once said:

"You as a voter must choose between believing the natural stability of gold and the natural stability and intelligence communities and with. All honor to the gentlemen, I advise you, while the capitalist system lasts, to choose the gold."

USD $ has lost 95% of purchasing power due to inflation and leverage of fiat money in the last 100 years!
And U.S. $ are on a downward trend in one direction in the next 5-10 years, which will accelerate more quickly when cut off from oil and lose its Reserve Currency Status.

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