Advantage of Gold Coins

>> 20 Jul 2009

Gold coins are one of currency to invest your money. When the world applies gold as currency, have never happened at all monetary problems, like inflation, fluctuation of exchange rate, and its(the breakout purchasing power). Profesor Roy Jastram from Berkeley University, US on his book The Gold Constant has proved resistant gold character of inflation. According to it research, the price of gold to some commidities within 400 year until 1976 year is constant and stabile.


I will give you some information advantage of gold coins:

1. gold coins are commodity, as other commodity, for example camel, goat, iron, or copper. To perform it needs exploration fare and production. This commodity can be sales if its not using as money. So, gold is including commodity money.

2. gold coins will generate monetary stability. Not like bank note system, brings world instability because of addition of circulating bank note suddenly. Gold usually not easy to found in number ocipius.

3. gold coins has a excellence prunes advantage, that is how much quantity in one country, may be many or little will be able to fulfill requiurement of market in currency transfer.

4. gold coins will have stable rate of inter-states.

0 comment:

Posting Komentar

Picture

Picture

About This Blog

  © Blogger template Simple n' Sweet by Ourblogtemplates.com 2009

Back to TOP