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How Could You Not Know This Stuff?

If you love gold as much as we do, there are some simple facts about the metal that you simply must have a firm grasp of.

Need to Learn A Few Things First?

Quick, read this article, then you can pretend you knew this information all along, we understand.

We’ve got you covered.

The Lowdown On Gold

Here they are, the 11 most important things to know about gold, our quick and dirty guide.

1. Gold Has an Amazing Amount of Religious and Cultural Significance

A simple fact that is repeated across the globe within cultures that have no tie other than the shared esteem they place on elemental gold.

This precious metal has been used to adorn the holy and the powerful since ancient times

Virtually indestructible properties paired with a natural luster inspires a magical awe in people worldwide and many religions use gold to illustrate and pay tribute to their faith.

2. The Gold Supply Only Includes That Which is Already Mined

Which makes sense, otherwise it would just be gold-credit, you might as well use your gold card.

Essentially this trumps the whole idea of gold, which is prized in large part due to its static value.

Technically there is more gold in the earth, and it’s worth a lot of money, but that’s no good to anyone until the gold has been mined.

And that takes, you guessed it, more money.

3. Gold is the Basis for Monetary Systems Worldwide

This element symbolizes everlasting love for a reason, it lasts forever.

Few elements are as stable and grounded as gold, which gives it an intrinsic value beyond it’s malleability and rich coloring.

The ability to melt down and recycle pure gold means its worth will always be the same, no matter how many physical changes it goes through

This stability makes gold attractive as the basis for monetary systems. First appreciated for its beauty, soon this precious metal became essential for trade.

4. Pure Gold is Considered an Alternative for U.S. Currency

In fact, right now its is preferred over the U.S. Dollar because it is worth so much more.

The dollar is weak, and we won’t get into the long list of reasons why, but the value of gold is staying at a steady high.

Although it may dip again, the fact it is esteemed by cultures worldwide, used in many modern electronics and computers, and finite in supply means it will always be valuable.

5. The Environmental and Monetary Costs of Refining Gold are Less than Mining Gold

We’ve made a point to shout this loud and clear in our environmental policy.

There is no question that recycling needs to become the norm, and that doesn’t just go for your beer cans and coke bottles.

That means if you aren’t using that terrible man-ring your grandma gave you for graduation you have a duty to your planet to recycle it

6. Gold’s Value Helps to Preserve Purchasing Power

The reality is this, the price of gold isn’t rising so much as the value of the dollar is getting weaker in relation to the value of gold.

Due to this fact, being backed by gold means that the wavering dollar does not affect you in terms of wealth.

Gold is worth something no matter where in the world you take it, let’s just say it has universal value.

7. The Value of Gold is Determined by the Market

Gold is valuable because it is useful, stable and virtually indestructible.

So its worth has nothing to do with the banking system itself, although that is a secret the bankers would rather you didn’t know.

Generally a high gold price indicates poor management of national currency, so the banks want to keep the price of gold as low as possible.

8. Gold is Enjoying a Bull Market

Which is a good thing.

That means that the price has been steadily rising, since 2001.

Not only that, but the precious metal has reached record highs recently and chances are gold will do it again

9. Physical Gold is the Only Kind to Own

Gold bonds are a bunch of crap, the idea of gold on paper stinks.

The only kind of gold to own is real gold, the kind you can hold in (or put on) your hand.

There are a laundry list of reasons why the metal is valuable, and none of them revolve around a specific currency.

Gold is absolute value in its purest form, whether you want to make dollars from it or use your dollars to buy it.

10. Gold Lasts Forever

We’ve said it before and we’ll say it again, this stuff is indestructible.

Really, gold has been melted down, refined and reused throughout the ages.

Using both primitive fire methods and more modern chemical processes, mankind has always had a thirst for reusing this soft, golden metal.

In the end our mellow yellow friend will outlast us all, a substance as old as the earth itself

11. Gold is One of the Most Unique Commodities

Another of the many reasons gold is important is that it is the only commodity that is produced solely to be accumulated.

There is no consumption, there is no wear and tear, there is only the worth of something that will outlast us all.

Every rock, chunk and nugget that is mined is taken from the earth for the express purpose of fueling our greed.

Remember how important it is to recycle gold items you don’t use, because every piece you can recycle eases the demand for more to be mined.

Call us, fill out our form or print your own label and recycle yours today.

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