Money loses value, gold is increasing in value. Gold is safe. Rising gold price gold as investment suitable today. If you looked at the history of the gold price, then you can see that it still goes up. in 1999, a Troy ounce of gold cost about 270 euro, 2006, you paid already 460 euros. Today is the price of gold to a record high.
More than 1000 Euro for 31,103 grams are now payable. According to expert opinions that’s not the goal. The estimates at over 4,000 euros for one Troy ounce of gold. Not so with our money. Inflation is rising, banks and even whole countries go bankrupt.
It all started with Iceland and Greece, now logs to Portugal and would like to see the EU bailout. Remains to be seen whether more will follow and whom it is true this time. Gold is stable in 1906, you got a tailor-made suit for one Troy ounce of gold and as the precious metal was only $20 worth. Today you get a tailored suit for 31,103 grams gold also, although the value has multiplied and currently at less than 1500 Is the US dollar. Gold is so stable because you can not multiply and manipulate. The precious metal cannot be devalued like our money. Just think of the last reform of the currency was the Deutsche mark (DM) and the single currency (euro) came. Even before a devaluation, our money is not sure, just think of the times after the first world war. In a month, the bread cost 20 reichsmarks and next month even 2000. After half a year, you had several hundred thousand reichsmarks if not even one million for 500 grams of bread. Why buy gold? Buy gold should therefore, because at this rate soon nothing is worth the money. In times of crisis, nobody will accept euros, there is shared only with objects or precious metals. Also, silver is in the rise. At present, many citizens and also Ameriker silver buy. The downside to the other precious metals is that they must be taxed. Gold as a financial investment, however, is tax-free. However, you should buy carefully. Buy gold not too much at once. Only in this way buy much gold as you can afford it. There is no need to make Hamsterkaufe and sell again after a short time, because you need money for bills, repairs and other vital things.