Friday, August 13, 2010

Why Not?

Honestly, I have never actually seen gold coins or people who buy gold bullion in my life. I see gold in a form of jewelries like rings, necklace, and bracelets but not in coins or bullion. However the form maybe, this is the unchanging fact about gold: we all want to have it. People crave for it and it has even become the world’s yardstick if a nation is wealthy or not – by their gold reserves. I learned that a country cannot produce monetary bills and coins that exceed their gold reserve. If that is true, then our country should invest in buying more gold and invest them for we know that their value is always rising up. In that way our money’s purchasing power will also increase.