GOLD, Au
GoldCore
Gold, as the only yellow metal, is rare and unique. Found in its native state, it is virtually immune to chemical attack and lasts forever, and it is for these reasons that national reserves of wealth are stored in gold. In our current financial climate, gold has become the investment of choice again. This is because it tends to maintain its buying power over time whereas traditional paper based currencies lose buying power due to inflation. Investors typically view gold as a means of savings, a safe harbour for their wealth. Gold is a hedge against inflation, deflation, geopolitical, macroeconomic and systemic risk. It is therefore no surprise that even this 10 oz piece of gold ore kindly donated by GoldCore in Dublin (www.goldcore.com) mined from the ground of Perth, Western Australia, is currently worth €10,000.
ABOUT THE ARTIST
10 OUNCE GOLD BAR, GOLDCORE, IE