Gold

Money


Whilst most countries followed the gold standard during the 19th century - which means that the amount of money always had to be proportional to the gold reserves - such a fixed exchange rate is practically no longer pursued in the 21st century. However, the precious metal is still considered a hedge against inflation, which is why many countries have stashed thousands of tons of gold. By the way: the United States is the country that has the largest gold reserves worldwide.

Comments

 
tolu 05.04.2024 15:53
Nice to hear bout the art gold


 
shivlune 03.03.2024 04:18
the one asset that will never go out of style


 
lruser 21.02.2024 23:29
Gold that is good


 
Pipotcha 21.02.2024 18:24
gold is best assets


 
mackline_atusasire 21.02.2024 13:14
Gold is a big investment


 
gozde 23.01.2024 06:28
gold is the best investment


 
bembimb 13.09.2023 05:12
i love Gold the mother of all assets


 
LilyAnuska 10.09.2023 23:28
Zlato ima večno vrednost


 
Pradana 03.08.2023 18:27
gold reserves worldwide.


 
danostephen 24.07.2023 13:42
cela permettra a d'autre pays de bien vivre