Most people can’t afford gold in ounces or even 1/4 or 1/10 ounce coins or bars. Gold in small denominations or currency grade gold is an option for those who have a “limited” supply of currency. Obviously, it’s more expensive to acquire gold in small amounts. However, this way it’s possible to get a gram of … [keep reading..]
*Updated July 25, 2019 ~~~ What is LBMA certified gold? Actually, it’s more correct to say ‘LBMA accredited’ gold. LBMA accredited gold is of superb and tested quality and is recognized wordwide. ‘LBMA’ is an acronym and stands for the London Bullion Market Association. Located in London and established in 1987, LBMA is an international … [keep reading..]
What is a fiat currency? First of all, fiat according to the Oxford dictionary, means a formal authorization or proposition. While currency is any form of money that is accepted as a medium of exchange and is currently in circulation. (See definitions of money and medium of exchange in the FAQ section at the bottom … [keep reading..]
Today many claim that gold is not money anymore and its average price decreased in the last couple years. It is true that gold is not an official medium of exchange anymore. Sadly, paper currency became ubiquitous around the world and is used in most countries including undeveloped ones. It is also true that gold price … [keep reading..]
*Updated Oct 16, 2019 These 10 weird facts about gold will make you wonder. Did you know that gold can be eaten with caviar and is considered a delicacy? Did you know that gold only forms in space when a massive star explodes? 1. Gold can be eaten during that special dinner Gold … [keep reading..]
This is a fact. Highly successful people in terms of material wealth always own physical gold. Is it because they can’t think of other ways to spend their money? What about successful people who are well known for major achievements outside of financial field? Famous people are famous for different reasons but often times it’s because they think differently, outside … [keep reading..]