Thursday, February 26, 2009

gold and financial gold

Today's gold can be divided into commercial gold and financial gold. Gold apart from the above financial purposes, the current gold jewelry are the main uses merchandise industry, decorative statues, architectural features, gold appliances, electronics industry, dentists, Gold and other industries with gold. Gold as a monetary metal and long-term subject to strict control, led to the current uses merchandise of gold is still very small, the important role of gold is still reflected in the financial and monetary functions, the latter with the international financial system reform forward, the international monetary system of non-monetary gold of conditions, increasing from the palace of gold, temples to the people, by the privilege of VIPs has a become a public owned.
http://hengshui.aimoo.com/General-Discussion/gold-and-stocks-1-1272222.html

Gold has become the freedom to own and freely tradable commodities, gold from the national treasury to the common people's family, their mobility greatly enhanced, increasing the size of gold trading, so for the gold market development, development of a realistic economic environment. Non-monetary gold of the past two decades is also the world's gold market development period. Gold from the very beginning stage of the monetary property led to the financial and monetary trends in property and merchandise dual stage development, and merchandise to the gold market also contributed to the development of the financial gold market to develop rapidly.
http://petwebsite.invisionplus.net/?mforum=petwebsite&s=a0a2096fcb79b061407e726cd789fb02&showtopic=606

Economist Keynes once evaluated the role of gold: "Gold in our system plays an important role. It as a last resort when necessary guards and emergency reserves, but also there is no other thing can replace it." - Gold still is a special commodity financial property.
http://cat-illness.sosblog.com/The-first-blog-b1/Gold-info-b1-p6.htm