Goldmoney in my opinion is a Website for buying and selling gold or a container place to invest for the world's population who have gold. Perhaps also a website to see the world's gold trading for those who want to invest. So then let's talk a little about gold.
Gold .....
Speaking of gold is a matter of investment. Because If we look, since the first time found gold has a high economic value. Even today, when all financial affairs are accessible virtually and transactions rely solely on digits and numbers, gold remains in good standing and remains one of the most profitable investment instruments. So gold is therefore very important to have.
The reason that makes gold so long lasting as an investment tool, is because gold has a number of special characters.
Gold is either a real or tangible asset. Its existence can be "held", so it does not have counterparty risk or dependence on others.
Compare if your money is invested in paper assets such as stocks / bonds. Physically, the money is not in hand, because you trust the management to others.
Because of its tangible nature, gold becomes so liquid or easy to sell and buy back. Whenever you need fresh funds, you can sell the gold. And incredibly, the selling price is relatively the same in any part of the world.
Compare that with properties that are also real assets. Can you easily sell it when you're in a state of urgency.
History notes that some currencies in the world have plummeted due to massive inflation. The value of a company's stock goes up and down like a roller coaster, and a business can easily lose.
But not so with gold. Gold has the most stable value among other types of investments. This happens because gold is outside the banking system. Its value is not dependent on interest rates, government economic policy, crisis, or political sentiments of other countries.
Gold is said to have a small risk level because of its high purchasing power consistency. When inflation occurs, the value of gold will rise higher. And when the value of the dollar rises, the gold price also increases.
Despite the decline, other commodity prices such as oil, rice, etc. will also go down. And whatever happens, gold will still have the same value with the existing financial condition.
Thank you until here that I can explain to join the contest #goldmoney.
Great news bro.. Helpfuly
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Thank you for your entry @suheri!
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okay thank @goldmatters
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meep
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@originalworks
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The @OriginalWorks bot has determined this post by @suheri to be original material and upvoted(1.5%) it!
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