Jul
22

A Brief History Of Gold – 2000+ Years Of Wealth Creation

Gold has been a star performer in the portfolios of some of the wealthiest dynasties in the history of the world. Just a few of the prolific people who have used gold to build their incredible wealth include the DuPonts (who now own a massive chemical business), the Rothschilds (once upon a time the richest people in the world), the (JP) Morgans and Egypt’s royal Farouk family. We could go on and on forever about more family empires who owe their core wealth to gold but there’s no need – the bottom line is that investment in gold has always given a sensational return over the centuries – and statistically it has put stocks, real estate and bonds well and truly in their place.

Want some proof that gold has created staggering wealth in recent times? Consider these startling facts:

- During the 1960′s investment in this “secret gold” brought about average annual returns of 100%.

- Between 1972 and 1974 the secret gold saw increases of 350% (while the stock market was heading desperately south).

- Then between 1976 to 1980 this secret gold brought investors an average of 300% per year.

- Gold saw annual increases of 340% between 1987 & 1989.

- Between 2007 and 2010 gold saw another unprecedented bull run that took it above $1,500 per ounce.

It’s interesting to note that the earliest record of gold being used as a form of money/investment occurred as early as 700BC. Since this time, all cultures and races throughout the world have craved to own gold – and many centuries on the strength of gold has gone from strength to strength.

In the present time, gold is an attractive commodity to hold because it’s price is seeing a general upward trend (and many experts agree that this is set to continue for many years to come). It’s possible to own gold for a relatively modest outlay  and so most people have the means to invest in it. Gold also brings with it a certain beauty and status symbol that most other investments simply cannot compare to.

When you buy into the gold story, you’re buying an investment that will always retain value. Gold may have ups and downs, but when you hold it long enought you will almost certainly have a chance to sell it at a profit.

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