Discovery

by Luat Tran Van

The main purpose of buying gold is to protect people
and businesses from the fluctuating prices of domestic currency and
foreign currencies. As we already know, the US Dollar is the world’s
most used currency and it’s fluctuations are rather unsteady.

In a recent study by the World Gold Council in 2004, the relationship
between gold price and the exchange rates of various currencies
against the US dollar from the years of 1971-2002 provided a strong
evidence of gold’s effectiveness as a dollar hedge.

The gold price, even thou through out a long period of time remained
stable and against many currencies.

Another recent study by the metals consultancy GFMS Ltd. examined the
strength of the link between 22 commodities and the US dollar. The
results clearly suggested that gold is not only a more potent hedge
against the US dollar than other commodities, but also that it
provides protection when most needed (when the dollar is losing
value), with relatively little loss of upside during a period of
dollar appreciation.

For more information concerning gold investment, real time gold
exchange rates, articles, news, gold games and the official list to
where gold can be bought, visit us at Gold Land USA @
href=http://GoldLand.us>Gold Land USA for more
href=http://goldland.us/?Investors>Gold Investment Information

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