Gold in the Hand

Gold is in the hand worth more than money in the bank and a good reason to buy gold?
In November last year was made by Robert Zoellick on the proposal that the global economy could do with a good old-fashioned gold to achieve stability in the global economy. This was just a cry of pain or was a comment on the safety of using gold as the basis for the global economy? Or was the realization that perhaps the emergence of John Maynard Keynes, is one of the greatest economists of our time, which describes gold as "the remnants of barbarism" might not be right after all.While the rock world with the huge financial debt and instability, and gold continue to rise in value defiantly; beating 30 percent in 2010, and showing no sign of stopping.Historically, the currency fell against all the world in gold. Gold as currency, can not expand or 'print' in the will. There can be more than it is, you can not stretch it, squeeze it, and make it longer or thinner. You can not cut it, and it reproduces itself. One can try gold 'short' course in the market, but in short (pun intended) can not really be manipulated.Printing money, such as gravel from the beach. One simply goes to the beach gravel and collects more if one has too much debt. Then use that gravel for the payment of debt. There is also a virtual display an unlimited number of 'gravel' reduces the value of each stone just that little bit more as it is collecting more and more gravel. Accordingly, 20 years ago where one ounce of gold was worth about $ 400, and is today within the limits of $ 1400. Now $ 1400 to buy the same $ 400 was purchased twenty years ago. Has not changed one ounce of gold. Need to buy gold now 'gravel' 1400 but the value of currency has deteriorated so much that one needs to 'gravel' for 1000 extra from the beach to buy the same value of goods. You need a lot of 'gravel for the purchase of gold these days.Over the past decade, shares fell 24 percent while gold rose 280 percent. A sad commentary on the ability to manipulate the financial market by printing money, but a boom for people with foresight to invest in gold cold hard disk. Even at the time of stock-market boom from 2002 to 2007, gold was still beats stocks and that was before the bubble burst and the GFC Financial.What is the real value of gold? It is estimated that all the gold in the world to be useful (at today's prices) on 6.5 trillion U.S. dollars. But trading is only five percent of that in all parts of the world, about $ 320 billion. The mining industry produces about 2500 metric tons of gold annually, about 80 billion dollars and a half of that used in jewelry and industrial sectors. Less than 40 billion available, and then, in the global investment market.From this we can see that a major shift of funds in gold will lead to a sharp rise. Even now with prices in 1400 will range simple increase of 6% easily bring it to 1500. An increase of 30 percent this year, will bring gold easily to more than $ 1800 an ounce.With more institutions and pension funds looking to protect their portfolios and increase their holdings of gold are in the top of the list in an attempt to compensate for the potential problems of intensive investment in an economy that is fragile.Shane Maguire, a professional fund manager to the Fund of $ 500 million went GBI in the retirement system of Texas, states in his latest book, Hard Money: Gold Taking to the level of investment higher, said the "10000 dollars per ounce (ounce) is not the cards." In fact, because of the enormous debt in the current economic system have been produced, one can ask oneself, what is the price of gold in the hand is really worth in the current economic climate? If you want to keep your value, it's a wise idea these days to buy gold. After all, how much gravel is really worth it?