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Gold and EFTs

In recent decades, gold has become one of the most misunderstood assets classes. Today, certain renowned investors deplore it as an archaic relic, scratching their heads as to why anyone would consider owning something with no cash yield. Other economic pundits laud it as the holy grail, the only source …

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The Science of Gold

For nearly 6,000 years, humans have had an innate appreciation for gold – an almost awe-inspiring reverence for this yellow metal.

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4 days ago

Troy Gold

Malleability is a physical property of metals that defines them to be hammered, pressed or rolled into thin sheets without breaking. Gold is the most malleable element. In this image, a gold nugget of 0.5 cm in size has been hammered into a gold foil of about 0.5 m2 area.
#troygoldsa #troygold #fintech #gold #krugerrand #wealth #realgold #southafrica #bullion #goldnugget
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Malleability is a physical property of metals that defines them to be hammered, pressed or rolled into thin sheets without breaking. Gold is the most malleable element. In this image, a gold nugget of 0.5 cm in size has been hammered into a gold foil of about 0.5 m2 area.
#troygoldsa #troygold #fintech #gold #krugerrand #wealth #realgold #southafrica #bullion #goldnugget

4 days ago

Troy Gold

Why is gold so “expensive”? In order to mine and make useful an element for human use, it requires using up other resources in the process, namely labour, energy and capital resources. Digging up a ton of gold-containing rock would only yield us 5 grams of gold, on average. Compared to our food, energy and other resources, we have to exhaust a lot more labour, energy and capital to produce tiny amounts of gold. Thus, each ounce or gram of gold is very expensive, in proportion to all other basic resource’s humans use. ...

Why is gold so “expensive”? In order to mine and make useful an element for human use, it requires using up other resources in the process, namely labour, energy and capital resources. Digging up a ton of gold-containing rock would only yield us 5 grams of gold, on average. Compared to our food, energy and other resources, we have to exhaust a lot more labour, energy and capital to produce tiny amounts of gold. Thus, each ounce or gram of gold is very expensive, in proportion to all other basic resource’s humans use.

1 week ago

Troy Gold

And we’re getting some press! Go check out the article (link in bio) #troygold #realgold #inyourpocket ...

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Sterling guys these. 👍🏻

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