Investing in Gold is a Wise Choice.

INVESTING IN GOLD IS A WISE CHOICE. GG 55 The desire of gold is not for gold. It is for the means of freedom and benefit. - Ralph Waldo Emerson Gold is one of the world's most precious metals, so rare that the world pours more steel in ONE HOUR than it has poured gold since time began. All of the gold in the world could be compressed into an 18-yard cube, which is about 1/10 the mass of the Washington Monument. 1/10th the mass Washington Monument 18-yard cube It is recorded that only 88,000 tons of gold have been taken from the earth since recorded history, leaving far more yet to be discovered. MEASURING GOLD: 1 "troy ounce" of gold 480 grains 1 grain 64.79892 mg The French town which created the system of weights in the Middle Ages was called Troyes, which is where we get the term "troy ounce" when weighing precious metals. Gold purity is measured in “carats" = 200mg = 1/5 8 1 carat Carat weight of pure gold is typically : 10 12 14 18 22 24 Gold must be a minimum of 10 carats to be considered "solid gold", and "PURE GOLD" is 24 carats, however the alloy still contains trace amounts of copper. Completely pure gold is so soft that it can be molded by hand and is often not used for this reason. The largest gold nugget ever found was discovered just 2 INCHES below the surface of Australia on February 5th, 1869 by John Deason and Richard Oates. Measuring 10 by 25 inches, it ended up yielding 2,248 ounces of pure gold. GOLD & TECHNOLOGY: Because gold has so many technological applications, its value is only going to go up in the future. Gold can be chemically liquified and then injected into the muscles of rheumatoid arthritis patients. The procedure is successful in 7 out of 10 cases NASA uses gold to coat the glass of astronaut helmets in order to reflect infrared rays while allowing sunlight to pass through. It is so pliable that it can be made into sewing thread. You can make a wire that is over 50 miles long using just one ounce of gold. Gold can be hammered into sheets so thin that a pile of them an inch high would be more than 200,000 separate sheets thick. The world's oceans contain about 10,000,000,000 TONS of gold. There are 25 tons of gold in every cubic mile of seawater, but there is no known way to economically recover it. Gold is also six to seven times heavier than other materials. It is so heavy that 1 cubic foot of gold weighs HALF A TON! Value in the stock market in the year 2005 Google = But by the end of 2008 Google closed at $307.65 a share Gold closed at $866 an ounce While market corrections are bound to occur with any commodity, GOLD has shown that its value will continue to grow as time goes on. It is a versatile substance useful not only in finance but also in technology, where its applications are many and varied. PLANNING TO RETIRE SOMEDAY? Consider the value of a GOLD I.R.A. for your future. Please visit reviewbank.com/financial-services/gold-ira-investing for more information. Sources: OReviewBanki http://www.goldgold.com/gold-facts.html http://facts.randomhistory.com/2009/03/09-gold.html http://www.brainyquote.com/quotes/keywords/gold.html Reviews You Can Bank On.