Gold Values

Gold Values Increasing

Gold Coin Prices

The financial press, and even the network news shows, have begun reporting the price of gold values regularly. For twenty years, between 1980 and 2000, the price of gold was rarely mentioned. There was little interest, and the price was either falling or remaining steady. While past price appreciation never guarantees future growth, these silver dollar values have consistently trended upward over time.

The factors which have driven the price up over 75% over the past few years remain in place and in fact seem to be intensifying. The past, in this respect, could very well serve as prologue. Great forces, mostly benevolent, are at work in the gold market. Demand, as reported copiously by the mainstream financial press, continues to grow steadily on a global basis. To come to the point, fundamental trends suggest that the gold market may be moving from a period of general scarcity to outright shortages. Unless some formidable source for gold is suddenly found, the period of shortages could come to full flower as early as 2008.

Gold Values

Gold is a chemical element with the symbol Au (from the Latin aurum, meaning shining dawn) and atomic number 79. It is a highly sought-after precious metal, which, for many centuries, has been used as money, a store of value and in jewelry. The metal occurs as nuggets or grains in rocks, underground "veins" and in alluvial deposits. It is one of the coinage metals. Gold is dense, soft, shiny and the most malleable and ductile of the known metals. Pure gold has a bright yellow color traditionally considered attractive.

Gold formed the basis for the gold standard used before the collapse of the Bretton Woods system. It is specifically against IMF regulations to base any currency against gold for all IMF member states.

<< Previous    [1]  2  3    Next >>