With the condition of today’s economy we need to be intelligent and careful to spend our treasures, especially for consumption savings and investment. However, it would be meaningless if we save money only in the form of savings by using fiat money or money coins introduced, because the value of the money will continue to diminish as time goes by.
To get around it there are several alternative solutions that can be used. One of them is kept in the form of gold. Some areas had even enacted a system of payment with gold dinar or, for example in the area of West Java and in some areas in Malaysia.
Advantages of investment Tools as Dinar
Gold is a form of real asset whose value remains from time to time. At the time of the Prophet Muhammad with 1 Dinar can we buy 1 sheep which can be used for human sacrifice and is currently with the same value, namely 1 Dinar we still can use it to buy 1 sheep with excellent quality, because 1 Dinar currently valued at USD 1.7 million.
With such a condition would brilliantly if we measure our investment savings and consumption with gold or Dinar. With the size of gold then we just convert that fiat currency which currently we are holding with gold as acuannya.
With reference to the gold then the money we are directly connected to the real sector and its value will not shrink in the long periods of time even on the last day.
It is not absolutely no depreciation, depreciation still could happen not because of the speculation, but can be changed due to changes in demand and supply are very natural, depending on the market.
Originally from the old fiat currency (paper and metal) have been in the back up by gold. This began to not apply when disuse law bretton wood in 1971 where United States initiative to not use again this is due to their inability to convert every fiat money or every dollar made with gold.
So now every fiat currencies are no longer printed in the back up to the real sector or gold. With reality as it is wise and good for us to measure and save our treasure both for consumption and savings with real sector or investment gold.
Consumption Savings and investments
Written By Unknown on Minggu, 25 September 2011 | 23.40
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Businees,
Investment,
Investment Business
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