Why is Gold our Universal Currency?

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reazzz
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09-28-14 05:36:53

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Why is Gold our Universal Currency?

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Gold is one of Earth's most widely-accepted currencies, and even in the modern age world governments still store and use it in international trade. But why?autoplay=1>

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Gold is one of Earth's most widely-accepted currencies, and even in the modern age world governments still store and use it in international trade. But why/hqdefault.jpg alt='Video title'>▶" class="youtube-player" type="text/html" width="640" height="385" src="https://www.youtube.com/embed/m94-pAbiCHw" frameborder="0" webkitAllowFullScreen mozallowfullscreen allowFullScreen>

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Gold is one of Earth's most widely-accepted currencies, and even in the modern age world governments still store and use it in international trade. But why? What makes gold such a universal currency?

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luca1073
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05-27-17 23:44:26

nice video, The new future of money is cryptocurrencies & the blockchain

hadespalo
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06-01-17 11:16:13

Thank you for the video.But I think the gold the old word currency .Now the oli and next crypto:)

michaelbronislav
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06-14-17 23:29:36

The Gold standard is the monetary system used before by each country. But at the present time, it's not anymore because it has been abolished by the US in 1971 and Britain in 1930. It has been replaced by fiat money which we call now our nation's currency. (source: The Gold Standard)

tt772
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07-23-17 09:08:03

I think the gold is our main currency, and it is (for my opinion) the real one, due to the fact that it is limited and more stable for crisis. It is been here for decades and will be for many more. Crypto and "paper" money are just a "fashion" method to transfer value into more "easy to produce" resources.

There is a reason why the biggest nation keep they gold in safe place.

lijuflymanforex
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07-23-17 10:33:42

Dear All,
Any one have idea about Binary.com broker. Its saw like a different binary trading logic. Any one have idea pls define..... And also give Start Analyzer bot EA, this EA for Binary trading.

adabang35
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08-11-17 10:29:28

Binary.com is a relatively old name in the world of binary options trading however you might check the trader reviews before trying it out as i had not used it although i had traded binary options on hotforex's optiontrade platform for quite sometime but now i am trading forex only.

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