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Can i possibly lose money if i am holding the gold for 6 years or so?
Monsterjamfan30gp836...
Yes. Gold is just a commodity. It could be higher, lower, or the same in 6 years. It is just a matter of supply and demand. Gold will do well in inflationary environments, and do poorly in deflationary environments. Gold also does well during times of severe economic uncertainty.
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∙ 8y ago
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What is the name where people tell you how much money your gold is worth?
Appraiser, possibly, or assayer.
What was money called in new France in 100 years age?
It was called Gold Louis.
What were safe jobs in gold rush?
help holding the gold and run away
Why are Californians holding this convention?
they wanted gold
What year was gold invented?
Gold was not invented- it is a natural metal found in the earth. It has been used as a medium of exchange (money) for over 6000 years.
Is money made from gold?
Many years ago some money had a gold content. Unlikely now in common currency. Although some gold could be made into coin like shapes (but with a specific weight) as a store of wealth. The value of such would fluctuate according to the prioce of gold.
What is the color of your PSP?
blue, silver, pink, black, gold and possibly green blue, silver, pink, black, gold and possibly green
If an economy used gold as money its money will be?
If an economy uses gold as money, it's money will be coins.
How has money changed over the years?
There was still paper money back then, but there was lots of ancient things. Such as shells, pork, rocks, gold and much more.
Is there gold holding an air bag in the steering wheel?
No!
What are the negative aspects of the gold standard?
It really depends on which side of the coin you are on. It is hard to gain monetary advantage if you are a large banking concern if you are on the gold standard. The gold standard makes it difficult to manipulate a market. If you are a person holding savings it is to your advantage to be on the gold standard because the manipulators can not steal you savings by printing fiat money. In practicality the working class should favor a gold standard while the large investment and security agencies prefer fiat money.
Gold Investment?
Gold investment holds importance as it serves as a store of value, a hedge against inflation, and a diversification tool for portfolios. Bold Precious Metals, Apmex, and JM Bullion are reputable dealers known for offering a wide range of gold products, providing investors with trusted avenues for acquiring and holding this precious metal.
