Monday, April 27, 2020

How to Invest in Gold Coins? Investing Money in Gold Bullion

Since Inception the Euro Has Devalued by 85% Against Gold

Since Inception the Euro Has Devalued by 85% Against Gold

Technically, the euro was launched on January 1, 1999, although euro notes and coins started circulating in January of 2002. The first gold price recorded in 1999 was €7,879 euros per Kg—or €7.88 euros per gram (we’ll use euros per gram as the gold price in the remainder of this article). By now, the gold price has crossed €51 euros per gram. A new all-time high.

DYI:  At this rate of decline one can only wonder how much longer the single currency union will survive.  Gold and silver purchases for those living in the EU have escalated at an ever increasing pace since the union began back in 1999.  Now with the Corona Hoax going full steam gold and silver sales to the public has resulted in spot shortages along with the public ever increasing knowledge their Euro is being debased at an ever increasingly rate.  I wish those people well and much luck they are going to need all they can get.   

Till Next Time

DYI

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