Public Fine Gold International Sdn Bhd

Global Currency

All of today currencies are fiat currencies. Fiat currency is defines as not represent anything tangible but are only worth something due to government decree (namely legal tender laws). In the book "Principles of Economics" written by N. Gregory mention that Fiat money, such as paper dollars, is money without intrinsic value: It would be worthless if it were not used as money."

"We have gold because we cannot trust Governments."

- President Herbert Hoover

Significant Events and the Price of Gold in the Last 50 Years

1961:The London Gold Pool was established; U.S. central banks and seven nations agreed to buy and sell gold to support the $35 per troy ounce price established on January 31, 1934

1st fiat system (France)

John law, a Scottish gambler and amateur economist, was able to convince to the regent that the main reason for the economic to slow down is due to gold and silver were too scarce and inelastic to serve as money.

A DIFFERENT CLASS OF ASSET:

Most investment portfolios are invested primarily in traditional financial assets such as stocks and bonds. The reason for holding diverse investments is to protect the portfolio against fluctuations in the value of any single asset class.

In building an investment portfolio, investors should avoid unnecessary risk through wise diversification. Diversification is the allocation of investable funds to a variety of investments. By diversifying, investors can reduce the risk that they would otherwise bear. Also, the risk reduction benefits of diversification can be achieved without reducing the overall return on your portfolio.