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"Gold was not selected arbitrarily by governments to be the monetary standard. Gold had developed for many centuries on the free market as the best money; as the commodity providing the most stable and desirable monetary medium."  Murray N. Rothbard
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Gold Weight Conversion Table
  Grammes Troy Ounces
100 g - 3.2151 oz
1 oz 31.1035 g -
10 tola 116.638 g 3.75 oz
5 tael 187.145 g 6.017 oz
10 baht 152.44 g 4.901 oz
5 chi 18.750 g 0.603 oz
10 don 37.500 g 1.206 oz
"In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. ... This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists' antagonism toward the gold standard."  Alan Greenspan
Gold is never worried about inflation!

The ABCs of GOLD Investing. A must read if you are considering GOLD!

 
 
 
 
 
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Top 10 Reasons to Invest in Physical Gold

1) Gold has always been, and will always be, the most legendary precious metal in the world.

2) Gold will always be in demand, and demand is increasing.

3) Gold is an inflation-proof investment.

4) Unlike paper currency, stocks and bonds, gold will never loses its intrinsic value.

5) Gold maintains its value through political and social upheavals, wars, and natural disasters.

6) A tangible and liquid asset, gold is the only truly international currency.

7) The current U.S. debt and trade crisis will continue to push gold prices up.

8) Physical (allocated) gold is the most secure way to invest in gold.

9) Gold should be part of every optimally diversified portfolio.

10) No other investment has the wealth preserving power of gold!

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Precious metals and gold coins have become one of the few secure investments with intrinsic value. Gold coins and Gold bars are the most liquid and tangible assets available to you. Numerous dealers worldwide can provide value quotes for virtually any Gold coin or Gold bar and it can be readily bought and sold 24hrs a day in global markets.
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