| Who doesn't love gold? Today it can be worth a | | | | different types of assets. |
| hefty amount of money, roughly 857 American | | | | If the dollar is failing around the world, worth less |
| dollars per ounce. A gold bullion or coin is usually | | | | and less, there's a good chance gold is staying the |
| one ounce. So one coin equates to 857 dollars. | | | | same. And it is becoming more and more rare as |
| That's pretty darned good wouldn't you agree? | | | | time goes on (I can only imagine there's a limited |
| Personally, I love gold. And I'm not the only one. | | | | supply here on our planet). So buying gold as an |
| My girlfriend loves it too, specifically white gold, | | | | investment is surely a good idea. The best way |
| but that's gold nonetheless right? | | | | to invest is through the gold coins and bullions, |
| The content is measured in something called | | | | although certificates are available for purchase as |
| karats which are represented by the letter k. 24k | | | | well if that's preferred. |
| is the highest a piece of gold can be (nearly | | | | But, the gold price? |
| 100%). If something were 12k it'd be half gold and | | | | Yes, the price has dropped over the last year, |
| so on and so forth. | | | | But, that's the nature of the business and |
| It is a precious metal that is soft and malleable. | | | | marketing world. Prices go up and prices go down. |
| For this reason it's alloyed with other gold such as | | | | Gold for sure remains about the same as it did a |
| copper to harden it. This is why it is measured in | | | | year ago, or even 10 years ago, and is bound to |
| carats, the more gold in the alloy the more carats. | | | | go up and up throughout our lifetime. |
| The difference between gold karats and diamond | | | | So owning gold, especially in today's yo-yoing |
| (or other gem) carats is that gem carats are a | | | | economy is a safe, secure bet. Owning it as a |
| reference to weight. Karats are a representation | | | | separation or division of assets is a fantastic idea |
| of the amount of gold without an alloy. For | | | | that can ensure money outside of banks and |
| example, a bullion is 24k and weighs one ounce, | | | | credit unions stays stabilized. And the price of gold |
| but a brick which weighs much more than an | | | | is usually on the rise. I would not be discouraged |
| ounce can still just be 24k. A diamond's or other | | | | by recent lowering of the price (just today it |
| gem's carat weight is represented for every 200 | | | | went up 21 U.S. dollars, that's pretty good). It |
| milligrams (1 carat). | | | | might be at 857 now, but I wouldn't be surprised |
| What's good about owning gold coins or gold | | | | if it hit over 1,000 dollars in years to come. |
| bullions? | | | | And that'll happen probably a lot sooner than later. |
| A very good question indeed. Gold bullions and | | | | Everybody loves gold, and that's why it'll continue |
| coins are generally bought for investment | | | | to be a great investment! |
| purposes or to spread a person's wealth through | | | | |