Why Gold Remains Timeless: A Store of Value Through the Centuries
Our company the Ubuntu Tribe in reference to the human tribe that you, us, them and all of us on this planet that we belong to and have in common.
Why save in Gold?
Gold has always been valued by all civilisations for thousands of years and it is still accepted today as a store of value.
Gold As Store Of Value and How It Compares in The Market
Gold value greater against oil one century later
In 1900 to get a barrel of oil it would cost 1.8 grams of Gold, whereas in 2020 it would cost me .72 grams for the same barrel of oil.
One century later, with the same gram of gold, I get almost three times more oil vs 40 times less oil with the same dollar.
Gold held its value against the dollar
One century You need for the same house you need 80 times more dollar, you need 20% less gold.
Gold: The Strong Foundation of Central Banks
A fascinating aspect of gold’s enduring value is its comparison with other commodities. One striking example is its relationship with oil. In 1900, acquiring a barrel of oil required 1.8 grams of gold. Fast forward to 2020, and the same barrel of oil could be obtained with a mere 0.72 grams of gold. This remarkable contrast illustrates gold’s superior purchasing power over time, making it a more stable measure of value than traditional currencies.
Conclusion: Why Gold?
Finance doesn’t have to be complicated, gold stands tall as a symbol of stability, growth, and enduring value. Its rich historical significance, coupled with its impressive growth rates and resilience, make it an essential component of any diversified investment portfolio. In our fast-changing money world, gold stays valuable and safe. People who want to keep their money safe for a long time and make a lot of profit choose gold. Its appeal never goes away, making it a secure choice for investors.
Gold has been important for a very long time, and this shows it will be important in the future too. It proves that gold will keep being a safe and valuable choice for money and investments, making people financially secure and prosperous.