Thursday, June 28

Man came first or gold?

No one can answer that question. As per history ancient Egyptians and Romans fought for gold is a proof that gold existed even in 1400 BC.

In our local daily today, an Egyptian mummy was identified as a queen pharaoh said to have ruled the Egypt for 21 years around 1400 BC. There were objects around her that indicate gold.

So, for more than 3500 years, gold is the undisputed wealth symbol for mankind. Though gold coins were circulated as the legal currency in ancient times, paper currency came in to being long time ago. But time and again, it is proved that it can’t match the value of gold.

Many investors are shrewd enough to accumulate their wealth by investing in gold bullion substantially. As an investment product, gold is the most preferred metal over silver.

But of late, world population has turned its attention on silver too expecting its price to go up steadily because world demand for silver now exceeds annual production. That’s why Monex says in their recent web release that there may never be a better time for buying silver bullion than right now.

Monex Precious Metals is home to a large and dedicated staff of hard asset professionals committed to serving your precious metals investment needs.

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