Although somewhat profitable, gold investment cannot be done haphazardly. There are several things that must be considered so that the investment runs safely and profitably. Moreover, for beginners, if it is not done correctly the investment actually has the potential to provide losses. Even so, you don’t need to worry because the gold investment is an investment group with minimal risk. In addition, how to invest in gold is also not difficult. As long as you go through the process according to the procedure, the investment will run safely and has the opportunity to give you a sizable profit. Therefore, if you are interested in starting to invest in gold, it’s good you know Capitalist Exploits Blog.
Gold is a rare metal
Compared to other metals and minerals on earth, gold is actually very rare you know. It is undeniable that any object that is available in limited quantities tends to become more valuable. Gold stocks that have been mined around the world are increasing by around 3000 tons every year. This is actually not too much. Annual silver production alone can reach 27,000 tons, about 9 times more than gold. While steel production reaches 1,630,000,000 tons of steel annually. Comparison of the production of gold, silver, and steel can be your perspective to see that gold is much rarer than other metals. This is what makes the price of Capitalist Exploits Newsletter Signup.
Difficult to Find a New Mine
The gold supplier community group is in the red zone. Because the amount of gold continues to decline and there is no substitute. Mining companies also have difficulty finding new gold mine reserves to replace old gold mines. This was supported by Rudy Fronk, CEO of Seabridge Gold. He said that the heyday of gold faced a new reality in the gold business with gold reserves running out faster than the substitute for those reserves appeared. Meanwhile, Kevin Dushnisky, President of Barrick Gold, has the view that the level of gold production has dropped due to the lack of discovery of new gold reserves. Then, how many gold mines are there in the world? The following are the countries with the largest gold mines in the world and their ranks.
Gold Will Last Long
Unlike iron, gold will not rust. You can store gold for 100 years and when you take it back, your gold will still shine like the first day it was printed. Gold will last forever unless it is physically destroyed. This is another reason why gold is a good long-term investment. If you save coins or banknotes, their value will decrease rapidly over time.
Because gold has soft properties, in its application (jewelry or bars) precious metal gold needs to be melted with other metals so that its very soft properties are slightly reduced and also to produce certain colors as needed. The metals that are commonly used as a mixture are nickel, aluminum, and several other metals. As a result of the fusion, it will produce two differences, namely differences in color and rust value.