Saturday, October 02, 2010

Transformation

Here’s a trivia. Did you know that in 1961 Americans were forbidden to own gold? For many centuries, gold has been the world’s primary medium of exchange but after World War 1, many countries stepped down from the world’s strict gold standard. And the US was one of these countries. Owning gold in all aspects was not permitted by the United States. Only after 13 years were the US government allowed Americans to acquire, own and use gold. At present, more and more Americans who owns gold bullion are investing it to secure their future. Wow, what a huge transformation after more than three decades!

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