Why Invest in Gold?
- Gold is a highly liquid investment. It is both an asset and a currency.
- Gold is a haven value in a crisis scenario.
- Gold is a safe investment, a tangible good.
- Large global investors and countries like China, India, Russia and others have begun buying gold in quantities never seen before.
- The real devaluation of money as the dollar, growth in money supply and inflation are the main reasons for the money loses value daily.
- Traditional investments such as bonds alternatives and actions, often fail in times of tension and instability of markets, gold has shown: portfolio improves outcome in both stable and unstable financial times.
- All ore mined in the history of mankind amounts to some 153,000 tonnes according to the World Gold Council. This is equivalent to a rectangle as tall as the Statue of Liberty in New York. The remaining gold reserves do not exceed 50,000 or 60,000 tons. With an annual mine production of 2,900 tons / year, within 12 or 15 years, extract the last ounce of gold from the earth.
- The world population grows by about 100 million people a year. The exponential population growth combined with limited availability of natural resources like oil, gold, silver, platinum and other metals, in all likelihood cause a rise even higher gold prices.
- Chinese law changed allowing for a few months ago first time private investors buy gold. China has one of the highest savings rates in the world.
- India is the largest gold consuming country in the world. Gold has a dominant role in Indian society and Indian banks are already selling gold to the public. According to demographic forecasts, India will soon surpass China in the ranking of countries with the largest number of inhabitants.
- In Argentina it has been found one of the world’s largest reserves of gold so the countries are watching it very closely.
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/images/sp_en_6.gif)
