Tip:
Highlight text to annotate it
X
Sometimes all that glitters is gold. Those who deal in the metal say its importance today
can't be overstated.
In crisis, when have cut some prices, monetary crisis, gold and silver every time has security
for people, for bad times.
And, with Europe still far from out of the financial woods, buying up gold is no longer
just the reserve of the super-rich.
The reason we sell small pieces is because we get customers. A lot of people see buying
gold as something only the rich can do; we get customers who are rich, poor everywhere
in between; just people wanting to secure the value of their cash.
If you are feeling the gold-rush or you are in something on a hurry, there are ATMs that
can dispense it whenever you need it. Here's why.
Greed and fear are a very powerful combination. The fear of the demise of all the paper money,
be it the euro alone, be it all paper money globally. And if that actually happens, that
will trigger phase three where everybody has to go because they will all fear that their
paper money will be worthless.
One reason behind swapping currency for carats couldn't be more stark than this.
Gold, silver has a real value, monetary value is just paper. It's printed, it's like monopoly.
And, it's that feeling that the wayward Euro is no longer hitting the right notes, that's
sending Europeans on the hunt for metal that matters.
Peter Oliver, RT, Germany.