Saturday, February 6, 2010

The International Gold Trade

The International Gold Trade
We are looking for an excellent book review on The International Gold Trade. If you are familiar with the text, we would appreciate, if you could forward us a good review on this book.  More information would be considered as well.

Gold has always been not only in the form of processed jewelery an occasion for investment, but has always been an important currency funds. It inspires confidence and gives a feeling of constant security. The precious metal is recognized as an international currency and is used by many countries as a reserve for potential crises.


Between the central banks of each country there is a convention that larger gold sales to be agreed in principle. This is to avoid that the gold price will hurt the long term. Gold stocks are sold specifically if states want to regulate excessive influence a gold course. The precious metal has its constant high value per troy ounce in times of crisis and is staunchly opposed to any inflation.

An investment in gold can be done either by purchasing the physical as well as the trading of securities. Due to the high cost of physical storage investments are the exception rather from ¬. Mainly on commodity investments and gold indexes and so on futures and other gold derivatives are made. Meanwhile, there are many mutual funds that invest in gold and ETFs or ETCs and certificates which the commodity or gold shares underlying.