Wednesday, September 28, 2011

The Precious Metal Gold

Gold the symbol of kings and the treasure of nations, desired by all but possessed by few, gold has been cherished for all of recorded history.  Gold is the  perfect money for 5 the reasons :-
* Convenience and portability
      Gold will always be  lifetime of wealth and  will fit in pocket.
*Divisibility
      Gold can easily be divided into smaller amounts. An ounce of gold can be split 100 or even
      1000 times.                        
*Consistency
       One ounce of pure gold is exactly the same as any other ounce, enabling worldwide trade
       and  liquidity  of gold – unlike unique items of jewelry or artwork.

*Demand
       Gold is still perfect money, perhaps more perfect money than money. Gold remains the
       time-honored standard of wealth that no other currency can match.
     
       Gold has a staggering variety of uses, even more today than in Aristotle’s time. Its unique
       properties keep the demand high and the relative scarcity of the metal insures continued
       value and in the present time day by day the demand of gold is increasing.In the present
        world it has a great importance
     
*Durability
      Gold has a very good durability it is unaffected by air,water,and ecen moost acids.
      Gold won’t rot, break, crumble, decay, corrode or tarnish. so it has a very good durability .

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