GOLD, CONTD.

Thembu Royals Magazine - - Community Spotlight -

Dur­ing the times of po­lit­i­cal un­cer­tain­ties that could lead to the to­tal col­lapse of the spe­cific cur­ren­cies in dif­fer­ent parts of the world, in­vestors have al­ways con­sid­ered Gold as a safe haven for in­vest­ments. Smart in­vestors have a ten­dency to quickly change tune and started to in­vest their monies in buy­ing and keep­ing a lot of Gold.

Gold stocks gen­er­ally rise and fall in re­la­tion to the price of Gold at a given time, how­ever , there are cer­tain min­ing com­pa­nies who , due to the ef­fi­cient man­age­ment schemes are able to run prof­itable , and con­se­quently pay div­i­dends to the in­vestors. It ap­pears to be a trend that own­ers of gold stocks tend to ob­tain a much higher re­turn on in­vest­ment than own­ers of phys­i­cal gold when the price of Gold in­creases.

Some of the dif­fer­ent ways of own­ing Gold to­day in­clude, but are not lim­ited to in­ter-alia; Gold Mu­tual Funds, Gold Com­pa­nies, Gold Coins, Gold Fu­tures, Gold ETFs, Gold Jew­elry, Gold Bul­lion, and the like.

It has been used by smart in­vestors as a hedge against a fall­ing US Dol­lar. This is so be­cause glob­ally Gold is usu­ally prized in US Dol­lars. This is so mainly be­cause in­vestors who want to buy Gold have to sell their US Dol­lars which low­ers the value of a US Dol­lar more as global in­vestors seek to di­ver­sify out of the Dol­lar. The re­sult is that Gold be­comes more at­trac­tive to other in­vestors who hold cur­ren­cies that have ap­pre­ci­ated in re­la­tion to a US Dol­lar.

Other uses of Gold;

There are nu­mer­ous other uses of Gold to such an ex­tent that Gold has been la­belled as ‘the most use­ful metal’ that com­pares to none in the en­tire world.

Use in jew­elry: This is prob­a­bly the most well known use of Gold to the pub­lic. Tra­di­tion that has been car­ried over from stone age has dic­tated to ev­ery new gen­er­a­tion that for jew­elry to be of great value it must be made in Gold.

Use in Med­i­cal Field: Ra­dioac­tive Gold is used to di­ag­nose cer­tain con­di­tions. Many sur­gi­cal in­stru­ments , elec­tronic equipment, and life-sup­port equipment are man­u­fac­tured mak­ing use of Gold mainly be­cause of its non-re­ac­tive prop­er­ties in med­i­cal in­stru­ments. There are some med­i­cal con­di­tions that are treated di­rectly by in­ject­ing a pa­tient with Gold par­ti­cles.

Use in den­tistry: For fill­ings, crowns, bridges, and or­thodon­tic ap­pli­ances.

Use in electronics: Gold is used ex­ces­sively to man­u­fac­ture elec­tronic de­vices like con­nec­tors, switch and re­lay con­tacts, con­nect­ing wires, and many more.

Use in glass­mak­ing: Gold is also used when cer­tain spe­cialty glasses are man­u­fac­tured.

The list of the uses of Gold is very long to such an ex­tent that other uses ex­ceed the con­tent of this ar­ti­cle save to state that Gold is a very use­ful metal.

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