Why Do People Invest In Gold?

investing in gold, investment, stock market
Why do people invest in gold? The short answer to this is because of uncertainty. When prices of gas, oil, and other basic commodities rise, people get worried and run for cover. That cover is gold, which has been used for hundreds of years as hedge to inflation. A more complicated answer to that would be because of political turmoil or liquidity issues. In 2013, Germany decided to repatriate some...
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Bretton Woods Agreement Of 1944 | The Beginning of Monetary Chaos?

Bretton Woods Agreement Of 1944
The Bretton Woods Gold Standard and the Beginning of Monetary Chaos When 730 delegates from all 44 of the Allied nations gathered near the end of World War II in Bretton Woods, New Hampshire, they made decisions that they thought best for the world’s primary industrial states, such as tying the various currencies among its members to the U.S. dollar, which in turn was tied to the value of gold. It...
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