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Investment Guide
THE HISTORY OF GOLD & SILVER
Gold and silver are one of the oldest forms of currency in the world. These two precious metals have been known to circulate as tradable money for thousands of years. This is a trait that no other printed money can even come close to matching. If you ever wonder why some people say that gold and silver are the most enduring investment vehicle in the world, you can attribute as much to the fact that they have been around as long as money itself.
JEWELRY, CURRENCY, & COMMON USAGE
Aside from jewelry and currency, investments and industrial use are the other two primary functions of gold and silver. The value in metals traces back to its use as currency, while the industrial usage can be attributed to its soft, conductive qualities. Though you might not realize it, metals are frequently used in the production of everything from electronics to vehicles.
GOLD STANDARD & GOVERNMENT
The Gold Standard is a term that many are familiar with. When a government is using the Gold Standard, it means that they are basing their currency and valuations on a worth equal to an amount in precious metals (namely gold and silver). The United States is one of the most notorious countries that had once used the gold standard.
PURITY IN GOLD & SILVER
When it comes to investing and buying gold and silver, you will almost always be dealing with the most pure forms. Aside from coins which are produced with varied amounts of silver and gold content, almost all bars for both gold and silver are at least 99.9% pure. Purity is also represented in numerical form, commonly as .999 (99.9%) or .9999 (99.99%) gold or silver.
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