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Global InterGold: Why do we work with gold?

Global InterGold

 

“We have to choose between trusting to the natural stability of gold and the natural stability of the honesty and intelligence of the members of the government, and, with due respect to these gentlemen, I advise you, as long as the capitalist system lasts, to vote for gold.”

Bernard Shaw, 1928

 

1. The amount of gold on Earth is limited

According to the World Gold Council, 190,000 tons of gold were produced worldwide throughout the entire gold-mining history. If you divide this number by the number of people living today, you get approximately 25 grams per person.

In the photo: The Round Mountain gold mine in the mountains of Nevada, USA. 300 tons of gold were extracted, the projected balance is 55 tons.

Nearly 3,000 tons of gold are extracted every year. Experts say that if gold is mined at the same pace, reserves will last for 17 years. The world population grows by 1.1% annually.

Conclusion: The world is running out of gold.

 

2. Availability of gold on the market is limited

In September 2018, according to the report of the World Gold Council, global gold reserves increased by 26 tons, amounting to 33,763.6 tons with Russia, Venezuela, India, Turkey and Mongolia among the leaders.

The annual consumption of gold within the industrial sector is growing. In 2017, it increased by 3% in comparison to the previous year, amounting to 333 tons.

In the photo: Industrial gold is widely used in radio electronic manufacturing of microcircuits.

Production and consumption of jewelry is growing. in 2017, China ranked first with 647 tons of sold gold jewelry. India came second: 563 tons of jewels were purchased by Indians.

Conclusion: A constant demand won’t let gold depreciate.

 

3. Gold cannot be printed

The precious yellow metal is mined from the depths of the Earth. Mined gold is a result of a labor-intensive and expensive process. First of all, gold deposits are utilized to mine gold in permeable soil. Such gold deposits are dwindling rapidly. Only state-owned companies in developed countries and large transnational corporations have the resources to develop deep-seated deposits. Gold mining costs are rising steadily.

Conclusion: Prices of gold shall increase.

 

4. Gold cannot be devalued

No one can deliberately devalue gold, as it sometimes happens with national currencies. Conversely, countries with significant gold reserves can control the financial sector. Gold is not a tool for economic manipulation. It is a means of protection against economic shocks, the basis of stability for states and people.

Conclusion: Gold is one of the most reliable investment assets.

 

5. Gold is not subject to governmental control

Nearly 30 million ounces of gold are sold and bought every day worldwide. This is a unique product called international currency. Gold is dispersed across different continents and states, and nobody can control it single-handedly.

In the photo: In 2014, a gold trading platform has been launched on Shanghai Stock Exchange.

Conclusion: Gold is not subject to control; the market determines its price.

 

Gold is a source of Financial Security for companies, entire states and ordinary citizens.

During the economic crisis, people lose their savings, real estate or job. They doubt that Financial Security is possible. We have a different point of view.

Global InterGold has chosen gold as its main tool and a goal to help ensure Financial Security that everyone deserves.

 

Learn how to achieve Financial Security

 

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Created: 24.10.2018
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