Gold bars as a crisis-proof investment
Precious metals (gold and silver) in the form of coins and bars have been used as a means of exchange and payment for 4000 years. In all this time, they have not suffered any loss of material value or significance. Modern gold coins and gold bars are stamped with the characteristics of weight in grams, fineness and the manufacturer. However, a nominal value is not specified, as is usual for gold coins and silver coins. Today, gold bars made of fine gold are used as a financial investment that can be easily traded. Above all, they are regarded as a crisis-proof store of value.
Reputable manufacturers whose gold bars are bought by almost all banks and precious metal dealers worldwide at reasonable prices can be found on the London Bullion Market Association's(LBMA) "Good Delivery" list. These manufacturers are regularly inspected by an independent body and are repurchased by all banks worldwide. These manufacturers exist not only in Europe, but worldwide (e.g. Perth Mint in Australia).
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