Savings, inflation and gold. The price of gold has increased significantly in the past few months. Why and how does it affect us and how can we profit from it?

Gold was thought-out to be a universal currency for many years. In 1944, after the Bretton Woods Agreement, dollar substituted gold as an anchor currency. However, gold continued to be used to give a lift to various countries’ local currency.

There is a constant battle between a decision to buy gold or silver. Simple answer is buy both but for those who want to dig deeper we encourage to read following article. One is sure, if your goal is to save money wisely over a long period of time you can´t go wrong with no-one.