(as of Oct 18,2021 04:02:33 UTC – Details)
Gold and silver are the most widely used forms of commodity money. Gold and silver are intrinsic because they could be used as jewelry and for some industrial and medicinal purposes, so they have value apart from their use as money.
So you can now see that there exists a large, but not too large, and almost fixed quantity of gold in the world, almost all of which is held by its owners as a tangible store of wealth.
By contrast to gold’s restricted supply of our money systems are currently expanding out of control. Modern monetary policies are expanding the supply of currency, under political direction.
The currency—paper money and coins—used today is fiat money; it has no value other than its use as money.
What is different about gold and other forms of money is the way they disappear, and why. Because of its natural qualities, it is recommended as a high quality form of money.
As you make profit of your talent and human capital, do not forget to invest wisely. This way your money can also work for you. Real wealth lies in long term investment such as gold and other investment vehicles.
What is an Investment Vehicle?
Investing means putting your money to work for you–actually, it’s a different way to think about how to make money.
An investment vehicle is a product used by investors with the intention of gaining positive returns.
This Book “Money” will be of a great help to you. Enjoy!