Brass Munkey

Gold, as a true form of real money, is a stable asset. Gold actually maintains its purchasing power across time. As a store of value, gold holds its worth in a remarkably consistent value. One can look at the gold price in Dubai and assert that gold is too expensive. However, the examination is backwards. People often seek to value gold by asking how much gold they can get for their currency. Since gold is the real, hard, tangible asset, the actual question is how much “money” can I get for my gold. Gold really doesn’t get consumed, and this fact impacts the gold price in Dubai. Most all of the gold that ever was still exists in some form, so the amount of gold supply is pretty stable. Not surprisingly, the purchasing power of gold has been steady over time. What fluctuates is the paper money. They rise and fall against one another. And they rise and fall against gold as they strengthen and weaken. The price of gold, in fiat money terms, has always been steady when the fiat money was itself tied to gold. Obviously, the connection between the two held the ratio. Once paper money is unhinged from the anchor of gold, and printed as fast as trees can be cut down, all bets are off and the increased supply of paper makes it unavoidably worth less, making gold funds more popular. Here’s an example to bring the point home. It’s been said that an ounce of gold could buy a nice man’s suit 100 years ago. The same is true today. We only see the number’s change because of the inflation game that allows the banking elite to steal wealth from the masses. Gold is actually the great equalizer, however. Holding any finances in gold, versus Dollars, would have led to a chronic opportunity to swap back into Dollars later on and end up with more than before. This can neutralize, if not nullify, the effects of inflation! Gold Price In Dubai – The Future Is Calling Gold is only going up relative to paper money. It’s not just the gold price in Dubai that’s rising like a tide. Countries all over the world are facing unprecedented circumstances that only let the sun shine on gold. There are vast numbers of unemployed people. There is uprising among people groups that have been oppressed throughout history. Global food shortages are causing concern. Inflation is looking grim, and hyperinflation is a distinct possibility. Countries are facing trade deficits and are competing to devalue their currency. In doing so, they are choosing inevitable failure for a glimpse of short term success. Whatever the gold price in Dubai is today, I’m confident it will be significantly more next year. If, for whatever reason you are fond of your native currency, then it would still make sense to buy gold. You can switch to gold for a year, and then come back and exchange it for even more of the paper money you love! With the near certainty that your native currency will slip against gold in the next months and even years, there’s no better time than right now to get some gold. There have been reported shortages and delays with delivery. Get some while you still can. You will not regret it as the gold price in Dubai is only going up.