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“Truth, like gold, is to be obtained not by its growth, but by washing away from it all that is not gold.” Leo Nikolaevich Tolstoy


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Friday, September 25, 2009

About Gold

Gold have been the most value metal around the world since the dawn of civilization. Many ancient culture used gold as means of wealth and also jewellries.
Interestingly, people buy shares in mining companies which spend large amounts of money exploring for gold. When they find it they spend additional millions digging the ore out of the ground and processing it at further considerable expense. Later banks and people buy the gold and most of it is then buried again in the bank vaults and private safes. A small percentage is used to manufacture jewellery which also spends much of its time under lock and key. Gold has served as a store of wealth for a long time.

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