The Enduring Value Of Gold Bullion Bars

The Enduring Value Of Gold Bullion Bars

Gold has long been considered one of those most valuable and coveted forms of money. For thousands of years, owning gold has brought with it the reputation and prestige of wealth and power.

 

 

Gold bullion bars or gold bars have been used in transactions since the time of the ancient Greeks, Romans, and Egyptians. Billions of dollars worth of gold bars lay on the ocean’s floor around the world, spilled overboard by military attacks, the wrath of nature, and greed of pirates.

Gold bars are defined as any amount of gold that has been shaped into some sort of compact bar. There are dozens of different names for gold bars, including but not limited to:

1. Chi bars
2. Tael bars
3. Bank bars
4. Minted “brick” bars
5. “Bullion watch” bars
6. “Gold fillet” bars

These gold bars may weigh anywhere from 1 kilogram to 12.5 kilograms, or 400 ounces, to 1000 grams, known as the kilobar. These days, the kilobar is the most popular when it comes to trading, collecting, and investing. Gold bars and gold bullion bars are generally defined in terms of troy ounces. One troy ounce equals 31.1034768 grams, 1 kilogram equals 1000 grams, and one tael equals 50 grams.

Gold bars may be classified into two different types: minted and cast, depending upon how it was manufactured. Cast gold bars are created through the process of pouring heated liquid gold into a mold. Minted gold bars are hand cut into specific dimensions.

Gold bullion bars are generally available in 10-ounce gold bars that contain .995. purity or 1 kilogram per gram bar, or gold bullion bars designed mainly for investing. One of the most popular is the 10- ounce gold bullion bars, known as a “four-nines” or pure .9999 finest.

 

Regardless of size or shape, investing or collecting in gold bullion bars is a solid investment decision that carries a legacy of power and wealth that dates back thousands of years.

By: Christina Goldman

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What Makes Gold So Special?

What Makes Gold So Special?

Over the centuries, gold has played a unique cultural role in societies across the world. Something about the metal gives it a transcendant symbolic value: from the legendary treasuries of the Aztec and Mayan empires to the Golden Calf of the Book of Exodus, gold is implicated in the most dramatic tales of ancient human history. Even today, gold retains its cultural signficance. For an Olympic athlete, a single gold medal represents the zenith of achievement. The Palme d’Or, or Golden Palm, is a symbol of supreme attainment in the film industry. Only a handful of British monarchs have managed to stick it out for half a century and earn their Golden Jubilee. And clearly there is a reason why credit card companies designate their high-end offerings as “Gold Cards”. But what is it about real gold that captures our attention? What gives this yellow metal such value?

Like anything of real value, gold is rare. Only 3 particles per billion in the Earth’s crust are gold. Although the world’s oceans hold vast amounts of gold, it is so dilute that attempts to recover it from the salt water have never been successful. If all the gold ever refined were formed into a ball, it would be less than 25 metres across. However, some gold does exist naturally in a relatively pure state (as opposed to in an ore), enabling humans to gather it in small quantities without the need for chemical extraction. And once harvested, gold is one of the most versatile metals on earth. It has been crafted and shaped ever since the ‘caltholithic’, or ‘copper’ age, as early as 4000 BC, making it one of the very first metals to be used by humans. The ancient peoples of Egypt and the Middle East used gold for religious rites, as well as for ornamentation. The first recorded use of gold coins was during the reign of King Croesus of Lydia around 600 BC. Gold is also more malleable and ductile than any other metal. A single gram of gold can be beaten into a sheet one metre square. It is one of the heaviest elements; heavier, even, than lead. Ten teaspoons of gold would weigh as much as seventeen teaspoons of lead.

 

 

It has been customary throughout history to test the purity of gold by biting on it. Since pure gold is soft enough to show teeth-marks, and cheaper alloying metals are usually harder, this method does give some indication. More reliable tests, however, involve the use of nitric acid. The content of gold in all 1000 oys is measured in karats (k). Pure gold is 24 karat, with the number of karats decreasing proportionally as other metal is added.

 

Although too soft for ordinary use in its pure state, gold can be extremely hard and durable when alloyed with other metals. Alloying also has other advantages besides increasing its hardness. The distinctive yellow colour of gold is recognised throughout the world. However, a fascinating spectrum of other colours can be created by combining small quantities of other metals with the gold. Alloyed with copper, it has a rosy colour, with nickel, silver, or palladium it is white, with iron, blue, and with aluminium, a purple hue. Pure silver gives the alloy a greenish tint, and rhodium or ruthenium produce black. Gold in such forms is most commonly used in jewellery. ‘Colloidal’ gold is micro-particles of gold suspended in water, producing an intense red colour. Colloidal gold is used in stained glass, and in certain applications for medical and scientific research.

In former years gold played an important role as a medium of exchange, mostly in the form of valuable coins. Currencies were also backed by gold, but this is no longer the case. Reserves of gold are still held by some nations as gold bullion coins, for example the Australian Gold Nugget, or the British Britannia. The value of these coins is measured by their weight, rather than by their face value, which, when it exists, is always significantly less than its true value. The world’s biggest gold coin was minted by the Canadian Royal Mint in Spring 2007. It is half a metre across, 3 cm thick, weighs 100 kg, and is worth nearly 3 million dollars, with a face value of $1,000,000.

These days, most gold is used in jewellery, but it is also widely used by other industries. Dentists use gold alloys in crowns and bridges, and certain types of toners in the photography industry contain gold. Even the food industry uses gold flakes or dust to enhance the appearance of exotic sweets and drinks. Gold can be made into thread for embroidery, and beaten into micro-thin sheets called ‘gold leaf’. More durable than any paint, the real gold never fades or loses its lustre. In fact, there are examples of gilding done by the Romans and Ancient Egyptians which still retain their brilliance today, thousands of years on.

Far from being outdated, real gold remains superior to this day, adding a touch of brilliance to many quality products today.

By: Olson

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Gold, Silver, Inflation And Network Marketing

Gold, Silver, Inflation And Network Marketing

The U.S. economy has gone under a watchful eye over the past few years and for good reason. People have started to notice a rise in the prices of essential goods and have noticed that their money is covering less “ground” than it has before. I went into the store the other day and saw a candy bar priced for $1.19. That’s crazy. What happened to the 50 or 60 cent candy bar?

We all should take examples like this and move them from the category of minor to major occurrences. During a time of inflation, the things that increase first and the highest are usually the things that impact our daily lives. That’s why this article is so important. Your life in the not so distant future will be affected by instances of not enough for the essentials, let alone for the fun activities which enrich your life. What about your child’s future? What was at one time looking to be a bright and prosperous future is now looking to be a future of poverty, and not just any poverty but one with a third world element.

 

History has shown and proven that all great countries that mishandled their money collapsed. No fiat currency (currency based on paper; ex. the dollar bill) has stood the test of time, none. Corruption usually steps in somewhere. One reason is because it is the natural order of things…good & evil, yin & yang, etc. Another reason is because the government has a way to manipulate the system. Their intentions maybe good but one manipulation leads to the next. History has also shown that paper currency always goes back to a gold and silver standard (something tangible you can see or feel). In our time, the country of Zimbabwe’s currency, the Zimbabwean dollar, is so inflated that three eggs costs around five hundred billion Zimbabwean dollars. The shelves in most stores are empty. Check it out on Youtube if you don’t believe me. This country’s problem came from the government devaluing the money by printing insane amounts of it to pay for unnecessary luxuries. Now the people have to mine for small amounts of gold just for the bare essentials.

 

Back home, in our front yard, our manipulator is the Federal Reserve Bank. It isn’t even a part of the government. It is basically an independent entity making decisions for how our country’s economy should be handled…weird. They constantly 1000 devalue our money by printing more money for this stimulus plan or that bailout, with no end in sight. Our currency isn’t backed by money (gold & silver) so the more they print the more we see price increases for oil, rice, produce, and all other essentials.

Take action immediately to ensure that that the dollar you earn today and set aside holds its value. How is that done you ask? Well, there are multiple ways, but one way is to buy silver and gold. Whenever an economy goes belly up the people always resort back to gold and silver. Since taking an interest in this subject I have been like a mad man putting as much money as I can aside to buy gold and silver.

While browsing the internet ran across this network marketing company that deals with silver and gold coins as collectibles. Needless to say, I signed up immediately, because I knew before hand what I was dealing with. Long story short, this network marketing company will auto ship silver and/or gold to me on a monthly bases. Of course I have to pay but I was going to be driving down to the gold and silver mint to purchase anyway. If you are looking for an opportunity where your product will be relevant for years to come then Click Here . I am sure you will be happy with what you find.

By: earlthepearl

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Gold Offers Secure Investment In Down Economy

Gold Offers Secure Investment In Down Economy

In today’s soft economy, stocks are at a historic low and the dollar is on a rapid decline, but gold continues to be a solid investment for hard earned assets. The U.S. Dollar has fallen over 40% since 2001, while the value of gold has increased by over 150%. Additionally, for the past eight years, gold has outperformed the NASDAQ, Dow and the S&P 500. Unlike stocks, which can quickly change and go under, gold has remained a stable and universally valuable throughout human history. For gold to become unsustainable and collapse like the other markets, it would need to surge to over $6,000 per ounce. Currently, the price of gold per ounce is floating around $900 in U.S. currency. Due to its stability and growth, investment in gold is a secure way to protect and grow your money.

The financial crisis of the 1980′s created an environment that caused double digit inflation and will be repeated in 2009 to 2012. National debt is continuously and vivaciously growing and gross domestic product is shrinking. This means dollars won’t buy the same amount of goods and services a year from now as it does today. In fact, the dollar’s buying power may decrease by 25% by 2010. By moving money into gold, investors are preserving their purchasing power in a stable medium.

For collectors, prospectors and gold-lovers alike, there are considerations to make for ensuring your investment in the right type of gold that is safe and profitable. However, rather than focusing on what type of gold to purchase, you should consider why you are interested in buying gold. What you buy depends on your goals. So, you should have a good idea of what you would like to accomplish with your investment before you purchase anything. Once you have decided your goal, you can safely and wisely make your investment decision.

If you are a collector, your focus is simple. You want the rarest and therefore the most valuable coins out there. However, for those profit-seekers at-heart, your goal and focus are quite different. If you’re aiming to capitalize on price movement, then bullion coin will work wonders. If you are interested in long-term asset preservation, then you should consider adding pre-1933 and Modern American coins to your investment. This is just tip of the gold-investment iceberg. Today, gold’s popularity and demand are at an all-time high and investment optio 1000 ns are endless. To develop a strategy customized for you, we recommend consulting a United States Gold Bureau representative.

Having a dealer that is dedicated to understanding the gold market is an invaluable asset to any gold investor. The specialists at United States Gold Bureau have studied the best techniques to help grow your investment. They specialize in certified PCGS and NGC pre-1933 and modern gold coins, as well as silver, gold and platinum American eagles in high mint conditions. Whether you want to purchase large quantities or individual items, U.S. Gold Bureau can fulfill all of your needs. Call them today toll free at (800) 775-3504 begin_of_the_skype_highlighting              (800) 775-3504      end_of_the_skype_highlighting to speak with a specialist and secure your future in gold today.

By: Vincent.Russo

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