Sentences with phrase «certain value of gold»
While different gold - backed cryptocurrencies have different modus operandi, on a broad scale, each coin is backed by a certain value of gold at launch.
https://www.profitconfidential.com/ Not exact matches
Once it gets up to a certain amount you can have fun with it and buy items of intrinsic wealth that continue to increase value over time, such as gold, silver or platinum... Antique jewelry and sterling silver are examples of intrinsic wealth that also have the added bonus of contributing something beautiful to your life.
For one, it is rare, which means it has limited supply (there is only a certain amount of gold in the world - if it was too abundant everyone would have it and then it would have no value).
The reason they chose gold versus other objects is important - gold has certain characteristics that make it a better «store of value» (as it is commonly known) than other objects:
But since that time has passed — we are not on a gold standard — essentially this concept of trust where people trust that their dollars have a certain value to them is not that different than a step with regard to these ICOs or cryptocurrencies that develop.
While simply buying bullion gold in the form of bars or coins may sound like a conservative enough investment strategy, you will run into some real problems after you cross a certain threshold in value.
Classic LEGO standards of replay value includes replaying levels to collect and purchase red bricks, gold bricks and more besides which you may have been unable to do so during the first playthrough without having access to a certain character.
Certain coins can be excellent investments that trounce the value of gold over time, and in recent years even common currency has outpaced the return of gold.