Throughout the developing world, gold is the most liquid, efficient and widely accepted form of exchange and the best store of value – especially in rural areas that lack access to banking services. Jewelry is coveted in the developing world, where it functions as both adornment and savings. It is often the only asset a Muslim or Hindu woman is culturally permitted to own, and therefore may be her only form of protection against financial adversity. Additionally, the dowry concept is alive and well in India today, where gold is commonly transferred from the family of the bride to the groom.
Give it whatever name you want, credit card, debit card, computerized payments, wire transfers, these are nothing new. They have been there since the new modern day marble and limestone age. The days when humans started to rule over their mighty man made concrete jungles looming large all over the planet Earth, or rather the semblance of what is left of it.
cryptocurrency It is perhaps inevitable that this type of digital, peer to peer, currency would rise, but it is the flaws in the current systems that are giving it a boost. As people lose faith in the government and banks, they are going to be looking for something that will provide more options. They will see the advantages of skipping the middleman of credit cards. International transactions will start to happen skipping the middlemen of banks and wire services. As national currencies destabilize, they will start to see an electronic, non-national, currency as a good reserve currency to hedge against inflation, runs, etc.
Unlimited Inventory. Once you have created a successful product, it becomes an asset that you own and control. There are no more production costs and the inventory is unlimited. You do not need to purchase additional inventory because you now own a product that cannot be depleted. Your job is to continue to market and promote your product for as long as there is demand for it.
If we are buying and selling EUR/USD, USD/GPB foreign money pairs we should look at when the trading time for these pairs overlaps. Due to this fact, one of the best time to trade the forex pair: EUR/USD and USD/GPB is between 7:00 am and 11:00 am EST when the two markets for these currencies are most active. (ie. when they’re overlapping).
Far easier, numerous and less complex are the ways to make payments in today’s bill based society. Press Create a Cryptocurrency of buttons and what do you know, your payment goes through…electronically….now that was quite obvious without saying it.
Gold has functioned as an adornment and store of value for more than 6,000 years. The earliest gold jewelry dates from the Sumerian civilization that flourished around 4,000 BC. Gold’s intrinsic beauty, warmth, glitter, sensuality and spiritual richness have evoked powerful human emotions throughout history.
That’s not the right question to ask.The right question to ask is “What SHOULDN’T I pack in my Go Bag?” Because really, if you want to be prepared you’d pack everything. But sometimes you need to pack light.