NB Talks

Saturday, May 26, 2007

Value of Gold and Bretton Woods System

The utilization of Gold as currency has been noted since the 560 BC until the application of 1971 Bretton Woods system. Since centuries Gold is used as a popular form investment in various shapes, sizes, and forms including gold ingots, gold bullions, gold bars, gold coins, and gold certificates. Gold has always served as an excellent option for investment and brought in profit. The usual benchmark for gold price is known as the London Gold Fixing with involvement of representatives from five bullion-trading firms deciding together the price of gold for that time. For over 30 year, Monex Deposit Company (MDC) has proved to be America's leading gold and other precious metals investment company. Through Monex Deposit Company (MDC) you can buy gold and other precious metals for immediate personal delivery, and also arrange for convenient and safe storage at an independent bank or depository of your choice.

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