Learn about Gold Trading with iMinds Money's insightful fast knowledge series. Gold trading is the investment in and trading of gold as a commodity. It is similar to trading in other commodities such as oil or wood, though there are factors that differentiate it. Gold has represented money and wealth for millennia in different forms. In the present day, we are able to freely own and trade gold in various forms, from gold bars to shares in gold mining companies. Previous economic systems, however, relied directly on gold as a measure of their currency. These systems affect certain aspects of trading in this commodity even now. The notes and coins in your wallet now are termed “fiat money”. This means that the government declares them to have worth. The adoption of this form of money is relatively recent in history. Previously, representative money was commonly used. Paper money represented an amount of gold and could be exchanged at a bank for this specie. This was the gold standard (or gold exchange standard) systemiMinds will hone your financial knowledge with its insightful series looking at topics related to Money, Investment and Finance.. whether an amateur or specialist in the field, iMinds targeted fast knowledge series will whet your mental appetite and broaden your mind.
iMinds will hone your financial knowledge with its insightful series looking at topics related to Money, Investment and Finance.. whether an amateur or specialist in the field, iMinds targeted fast knowledge series will whet your mental appetite and broaden your mind.iMinds unique fast-learning modules as seen in the Financial Times, Wired, Vogue, Robb Report, Sky News, LA Times, Mashable and many others.. the future of general knowledge acquisition.
Nowadays, you hear advertisements for gold everywhere. Some people want to buy it; some people want to sell it. Its fluctuating worth is always a topic of financial discussion. Do you understand the market forces behind this highly tradable commodity? If not, this brief audiobook produced by iMinds and narrated in a straightforward, plainspoken style and voice by Emily Sophie Knapp will set you right. You will learn about the history of the "gold standard" of currency, the move away from the gold standard due to malfeasance and other political turmoil, and the reasons why gold is now considered a fairly stable investment, or hedge against loss. Finally, you will learn of the various ways to invest in gold.
"I'm learning all sorts of stuff about stuff I didn't even know I didn't know. And it sticks. In a nutshell: wonderful." (Jonathon Margolis, Financial Times)
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