Money has represented the target of the entire humanity. The "legendary" Karl Marx predicted that money was almighty. It still is. But it seems to embody different shapes. It is well known that the purchasing power and money's capacity of exchanging it into goods or services do not depend on a volatile action. What matters is the ratio between the request and the amount of goods and services available on the market.
Talking about the request, it indirectly implies money one way or another. But what money is to be saved? The present crisis blurred the economical market of the world. The great powers change their position on the hierarchical scale. One day, the dollar is depreciated. The next, it is euro`s time. In fact, the specialists claimed that because of the present crisis, the rivalry between the euro and the dollar creates more and more confusion for a layman. Practically, the same thing happened in the 30`s and in the 70`s. The market had been flooded with money, without any real back-up. Unfortunately, at a certain level, it is nothing but paper. Which currency is really solid? The euro was compared to a bastion which had to resist against inflation. But nobody is sure about the condition of this bastion. How long is it going to be alive?
The dollar is predicted to fall apart unless a very powerful support is to be offered. The USA pretended to have done every possible thing to straighten up its currency. The European Union says exactly the same about the powerful euro. There is a competitive scramble between the two. It is said that competition is good. Nobody can contradict this statement but while this fight does not reveal any winner, what should any country do?As any other fight, it may leave wounds and these could be reflected in the accounts of the investors. Most of them understood that all the states of the world should stoop the hemorrhage and patch up the wounds with some gold.
The fever of gold has started to forestall all the markets. With gold, there are no worrying speculations. The yellow metal is as strong as it seems. Important countries like Russia and China confirmed having bought significant quantities of gold. Germany requested the amount of gold it deposited in New York. Hong Kong tried to "repatriate" the gold it owned in London. Buying gold seems to be the only acceptable solution.
The gold bullion became the powerful alleys every country needed during such an economic war. The powerful metal seems to embody all the necessary qualities: power, strength, stability. Just follow the example of all important states and invest in it.
Learn from professionals how to buy gold bullion in times of recession.
Article Source: http://EzineArticles.com/?expert=Jack_Wogan
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