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Author Archives: Jack Wogan

Is Gold An Important Part Of The Monetary System?

All investments imply risks. Gold bullion is not an exception, but if compared with currencies, its price doesn’t seem to fluctuate that much. Due to this stability and the fact that gold is valuable in itself, all countries have in their treasuries national reserves under the form of the precious metal. This rule applies to international reserves too, as it is the case of the World Central Bank. This way, no matter what uncertainties might come in the future , gold is still one of the best solutions.

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