Guild Wars Guild

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It is not a rare metal, [link widoczny dla zalogowanych] as it is found in many places all over the world, so it is only normal that we should ask ourselves why it is so valuable. The value is given by its inherent properties. From a small quantity, a sizable piece of material can be obtained: one gram can be transformed into a one square meter sheet. Its characteristics [link widoczny dla zalogowanych] are not modified by atmospheric agents, [link widoczny dla zalogowanych] and from a chemical point of view, pure gold is the least reactive metal, resisting all individual acids. It is attacked only by aqua regia, a mixture of the two most corrosive acids, the hydrochloric and the nitric acids. All these qualities make it ideal for coins and jewelry.
Gold being very dense, a great value can be contained in a [link widoczny dla zalogowanych] relatively small volume. In the 19th century some of the greatest economic powers, such as Great Britain, Canada, www.msc-sahc.org/moncler.asp Boomcycle Has Hands-o the U.S., Germany and others used the value of gold as a standard for their currencies, creating the "gold standard", by which the [link widoczny dla zalogowanych] total value of issued money is equivalent to the gold reserves of a state. The huge inflation caused by the Great Depression after World War I demonstrated that this system [link widoczny dla zalogowanych] was not infallible. On the other hand, the sharp economic progress after World War II and the apparition of other valuable trading assets, such as crude oil, made gold lost its leading position, and towards the end of the 20th century the gold standards disappeared.
When a new financial institution appeared in the 19th century - the stock market - people preferred to speculate in [link widoczny dla zalogowanych] bonds and stocks, as the return on value invested was rapid and considerable. The only problem is that these transactions also involve a rather high degree of risk, as [link widoczny dla zalogowanych] the stock market reacts promptly to any major political, social or economic event, reflected in the price of shares, which can [link widoczny dla zalogowanych] oscillate very much in a short time. Transactions in bonds and stocks function well in a climate of economic and political stability. Unfortunately, for the past few decades, we have been living very troubled times, marked by wars, revolutions, changes of governments and regimes, rising terrorism, which all create instability. In such times, people tend to protect their assets, by making safer investments, and so gold has become once again attractive.
The price of gold, as that of any other commodity, is determined by the supply and demand. As the demand for gold has been on the increase during the past ten years, its price has more that tripled. People buy mostly coins, jewels or bullion. In Europe gold may be purchased from banks, which offer gold bars [link widoczny dla zalogowanych] in a wide range of sizes, for all types of investors. An alternative to banks is the authorized gold dealers. It [link widoczny dla zalogowanych] is recommendable to study the market before [link widoczny dla zalogowanych] investing. The internet provides [link widoczny dla zalogowanych] access to specialized sites, which offer price quotations in real time, comparative charts and market studies made by specialists. In this way you will be able to obtain good value [link widoczny dla zalogowanych] for your money.