In January of 2013 gold officially became money when it was reclassified to be a Tier 1 asset.  The Faith and trust in gold as a means of storing wealth dates back to 550 BC.  There is no paper money/fiat money that can make this boast.

With overheated equity markets and a volatile currency market gold is increasingly being sought for investment and wealth preservation.

With governments printing increasing amounts of paper money this pushing down the purchasing power of their currencies as such gold’s nominal price is rising, it makes sense to hold physical Bullion!

Anyone in doubt of the above may no longer be when they conciser - the vast geopolitical changes and rising global inflation, coupled with a decline in mined gold supplies all making this the perfect time to buy gold.

Precious metals expert William Gray discusses all of this in his new Forbes article.

 

Read the full article here