Governments use gold to secure the paper notes they issue. That’s how precious gold is as a metal. Its value appreciates even while other things or properties depreciate with time. Take the value of cars, after short time of even days, once it gets out of the showroom, its price could go down by as much as fifty percent. Not gold. That’s why governments with small land area advise their citizens to buy gold coins as solid and valuable assets to possess, where they cannot own real property as land. Gold is naturally beautiful and pliable that’s why it is used for jewelry.
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