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Gold Bullion Is A Super Commodity


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For eons, gold has been used as jewelry, for greatly valued ornaments, in religious art, and it is often associated with God as in the case of ancient Isreal's Most Holy, the Aztecan Pyramids that were covered in gold, and the golden temples of India. Gold and silver were used in sun and moon worship by many ancient cultures.

For this reason, gold has always been a form of currency. This metal was worth more than money, it had emotional importance to the owners, and this emotional attachment to gold has become almost instinctive in humans.

Since gold was such a recyclable, and universally appealing commodity, it's market crosses cultural and political borders. No matter who's face is on the gold coins, everybody wants it. In ancient times the bullion could just be melted down and recast into whatever form of currency they wanted.

In almost every culture, the gold standard used to be how paper money received its value. In theory, you should have been able to take any piece of paper money and exchange it for the the equivalent amount of gold. The worlds central bankers have used gold since banks were first started to settle financial accounts. The Federal Reserve stores... you guessed it: gold. Not platinum, not oil, not soybean oil, but cold hard exploded neutrino star gold.

Why would the Federal Reserve, the worlds major financial institutions, and those "in the know" demand their accounts be settled in gold? Because they know exactly how easy it is to print paper money out of thin air. It literally grows on trees. The US is printing money like there is no tomorrow, and very likely that may end up being the truth. While they earn interest on their dollar denominated investments, they demand their settle their accounts with each other in gold bullion. That should tell you something.

Gold is the worlds reserve currency, in every culture that had the commodity available they have chosen to use gold as their base when dealing with outside nations. This has made gold the base of of the money economy in international trade.

There has been a lot of talk about the free market voluntarily returning to the gold standard. However, for many reasons, this is highly unlikely to occur within our lifespans. If a major country, such as China (who is currently buying up as much gold and other commodities as it can get its hands on), restored the gold standard and allowed the everyday man to exchange their paper money for gold, it would become the new standard by which the currencies of the world were based. When the gold begins to run out though, the government could suspend convertibility and put the everyday person at risk, so it is not likely to happen any time soon.

But the truth is, now is the time to invest in gold, it is currently in high demand in the markets, and its value is continuing to rise. In times of recession, the most valuable forms of money have always been commodities. For thousands of years, the commodity of preference has always been gold.

Gold is much more than "just another commodity," it is the worlds original and only super commodity.

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