Fair traded Gold takes into account human and environmental. Connoisseurs of commodity markets take into account the special role of precious metals in the international trade. Some wonder whether we are in a phase of, where suddenly the Western financial system around the ears flying us on November 5, 2010. Aside from fluctuations, price of gold located in US dollars since 2001 in a continuous upward trend of approximately $250 to currently just under $ 1,400 per Troy ounce, which is equivalent to 31.1034768 grams. The value of the US dollar has fallen since 2001 to 18 percent of its original value as a result. And exactly which mainly expresses the gold price development.
The possession of unmet paper money and unfunded securities leads to gigantic losses and in extreme cases to a total loss. This is often caused by a currency reform deleveraging authorities and banks at the expense of investors and savers. For months the subject of “Currency reform” carried in addition to other countries especially in Germany very intensively in the media and controversial deals. Precious metals to protect against such a loss. This confirmed the story of humanity for millennia. Impact of monetary policy of the Federal Reserve temporarily could be justified the price increase from the decline in the value of the US dollar. A comparison of both curves shows that the gold goes its own way since November 4, 2010. Apart from a break in June 2010, the gold price in euros has stagnated since August in the area less than 1,000 euros.
Also this is different since November 4, 2010. Overcome is the trademark of 990 euro. While the Federal Reserve more and more dollars in circulation, without considering the medium-term and long-term effects, there is a range in the world of gold that exists away from short-term and long-term changes on good basis.