INVESTMENS IN GOLD
For all its shortcomings, gold shines when the outlook for other assets looks bleak. In 2002, when U.S. stocks plunged 22%, gold gained 24%. Gold was one of the few assets that ended 2008 in positive territory, and it swelled 28% in 2009 and again in 2010. Proponents of gold argue that owning the metal is a relatively inexpensive insurance policy.
If you decide you really want to own it, gold presents another quandary: How should you own it? Here too experts don’t all agree. The purest way to own gold is via bars or coins, but dealers charge a premium, the price isn’t always tied to gold’s market value, and there’s also the issue of storage. If you pay a third party to hold the coins for you, there are added fees. If you store your gold in a safe at home, you face additional risks.
Many experts recommend a more modern approach: Buy an exchange-traded fund that is backed by actual gold.
These solutions create a simple, secure investment tool for secondary circulation being an accurate measure of the value expressed in a unit weight and fulfilling the classical role of gold. We have prepared a co-investment project for the simultaneous start of gold production, development of the new gold deposits, it’s safekeeping and receiving the real income daily.
The certificate was issued in electronic form and stored in the investors personal cabinet until redemption term.
The guinea was a coin of approximately one quarter ounce of gold that was minted in Great Britain between 1663 and 1814. The first guinea was produced on 6 February 1663; a proclamation of 27 March 1663 made the coins legal currency. The name came from the Guinea region in West Africa, where much of the gold used to make the coins originated. It was the first English machine-struck gold coin, originally worth one pound sterling, equal to twenty shillings, but rises in the price of gold relative to silver caused the value of the guinea to increase, at times to as high as thirty shillings. From 1717 to 1816, its value was officially fixed at twenty-one shillings.
We intend to mint the souvenir gold guineas in a limited number of 1,000 pieces and give away as a bonus to the most active investors.
Global economic growth and the impact on commodity prices
Following LBMA Conference in October 2017, Megan Greene, MD & Chief Economist, MAM highlighted the outlook for global economic growth…