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Essay

Gold - The Standard and The Investment

Essay specific features

 

Issue:

Business

 

Written by:

Bret B

 

Date added:

August 28, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

8 / 2213

 

Was viewed:

6776 times

 

Rating of current essay:

 
Essay content:

Thus, the “Gold Standard” was born. Since the end of the Gold Standard in 1971, Governments have been free to print as much money as they please. In recessionary times, as the US is currently experiencing today, the return on bonds, equities and real estate is not adequately compensating investors for risk causing the demand for gold (and other commodities) to sky rocket...
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Following the rules dictated by supply and demand, gold has recently reached a record high of over $1000 per ounce. It has been adopted as a standard of money, as a role in society’s customs, a preserver of value, a portfolio diversifier, a currency reserve and part of many industrial applications...
displayed 300 characters

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