Gold

GOLD...The Foundation Of Wealth!

From the dawn of civilization, gold’s beauty and luster have produced a rare

mythical quality unmatched by any other metal. One of the earliest and

most valued metals known to man. For centuries men everywhere have

dreamed of finding gold. Men have mined it, bartered with it, and even died

for it since the beginnings of civilization. These facts are not so surprising

when you consider its rarity, durability and unusual properties. Today gold

has thousands of uses. It can be found in everything from calculators to

space craft, jewelry and much more. It is virtually indestructible, resists

corrosion, blocks 98% of radioactivity and conducts electricity. Its uses are

almost endless and have just begun to be tapped.

 

LIMITED SUPPLY - Today some 90% of the world’s gold is found in only

four countries: South Africa, the former Soviet Union, the United States and

Canada. South Africa has dominated world gold production and accounts

for about 50% of the total world supply. The former Soviet Union accounts

for 32%, the United States for 6%, and Canada for 3%. The rest of the

world combined produces about 9%. The total yield, however, has been

incredibly small. Unlike other such commodities, because of hoarding and

stockpiling, each year’s production is a very small part of the available supply.

An estimated 2/3 of all the gold on earth has already been mined. Only about

88,000 tons have been extracted from the earth in all of recorded history.

All of this could be formed into one cube 18 yards high. It is this scarcity,

along with gold’s beauty, durability, and compactness, that has made gold the

ideal standard and store of value.

 

WORLD WIDE LIQUIDITY - Perhaps the most amazing feature of gold is

its stability as a standard of real value. Although its value may fluctuate,

history proves its buying power tends to remain the same. Gold has been the

most coveted metal in the world and the single most trusted international

medium of exchange for thousands of years. Trade between countries

frequently is based on gold value as the most reliable currency. While paper

currencies have been devalued, eroded by inflation, and become virtually

worthless, gold has maintained its purchasing power. Gold has been the

established monetary standard for centuries. During times of inflation,

people have turned to gold for profit and protection. Gold, unlike paper

currencies or other commodities, has retained its value during both crisis

and calm periods throughout the history of civilization.

 

PROVEN HEDGE AGAINST INFLATION -

The primary factors influencing gold prices are anticipated inflation caused by huge

U.S. deficits and the diminishing power of world currencies. As people lose

confidence in a government’s ability to control inflationary pressures, they turn

to gold. While gold prices may fluctuate from day to day in world markets, the

long-term demand for this timeless treasure can be expected to continue. The

current gold market conditions offer profitable opportunities; take advantage

of these opportunities and own gold today.

 

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