Gold as Curency
Gold is a currency, although it is not often thought of or used as one. Gold is becoming the world most dependable currency due to its stability, and its ability to not devaluate over time. New ways of making gold a currency that is easier to spend are being made available, and this has strengthened the trend for Bullion Gold markets. For those looking to secure a solid financial investment for the future and hedge themselves against inflation, Gold is the solution.
Investment demand in physical gold and silver has never been so high as today, with the gold market booming inversely proportional to the situation of the traditional monetary markets. That has something to do with the fact that World Bank’s no longer back up their paper currencies with gold, although they hold it in their vaults. Gold is the most likely precious metal to outperform paper currency and one that can be traded in multiple ways.