Thousands of years, shells, grain, tobacco, all kinds of metal have as money to use, but gold emerge as the king of the currency. Because of its stable, easy to carry, easy to split, easy to storage and supply, especially, with a relatively stable value in the Public currencies. When gold being currency in place, meaning that it represents wealth, which is even more to strengthen its currency position. All of those make people willing to purchase gold bullion.
Gold has the dual role of money and assets, so that it has become widely accepted in a very long period of time. The value of stability is an inherent requirement of the currency. Then the most central feature of gold is stability. People can only buy bullion accordance with the wealth of mankind reinvestment. In a period of economic contraction can not be free to expand the money, often you can see the phenomenon of deflation.
Gold can create a good monetary system. In theory, it can completely regulate money supply. When the currency instability, we must reserve of gold. You can choose to buy gold coin or buy gold bullion. Although gold has no great practical value today, but its role has become a real function of the hedge and has strategic significance.



