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Why is Gold Valuable?
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Why is Gold Valuable?

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This presentation explains the inherent properties of gold that make it a good store of value and economic basis.

This presentation explains the inherent properties of gold that make it a good store of value and economic basis.

Published in Economy & Finance , Business
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  • 1. Why is Gold Valuable?Why is Gold Valuable? Gold as a Precious MetalGold as a Precious Metal and Store of Valueand Store of Value Manhattan Gold & Silver | 45 W 47th Street | New York, NY 10036 | 212-398-1454
  • 2. In the Beginning…In the Beginning… • Gold was first mined by the Egyptians more than 5000 years ago. • From that point on, it has been considered a valuable commodity all over the world. – This is because gold has many applications in crafts and businesscrafts and business while also being a good “store of value.” 2013 © Manhattan Gold & Silver2013 © Manhattan Gold & Silver www.mgsrefining.com | 212-398-1454www.mgsrefining.com | 212-398-1454
  • 3. 2013 © Manhattan Gold & Silver2013 © Manhattan Gold & Silver www.mgsrefining.com | 212-398-1454www.mgsrefining.com | 212-398-1454 What is a Store of Value?What is a Store of Value? • A store of value is something that can be saved and retrieved at a later date for predictable usefulness. • Some examples include: – precious metals – gems – real estate – art – antiques
  • 4. 2013 © Manhattan Gold & Silver2013 © Manhattan Gold & Silver www.mgsrefining.com | 212-398-1454www.mgsrefining.com | 212-398-1454 Why Gold?Why Gold? • Gold has been the basis for many currencies over the years because it’s considered to be the most desirable store of value. • This is because gold has inherent qualities that make it stand out from other stores of value: – Durability – Resiliency – Scarcity
  • 5. 2013 © Manhattan Gold & Silver2013 © Manhattan Gold & Silver www.mgsrefining.com | 212-398-1454www.mgsrefining.com | 212-398-1454 Gold DurabilityGold Durability • Gold cannot rust or decay. It’s shine and luster never diminish, so its relative value is timeless. • Unlike other stores of value, the price of gold is completely unaffected by age. – A newly mined piece of gold is worth the same as a 100 year old piece.
  • 6. 2013 © Manhattan Gold & Silver2013 © Manhattan Gold & Silver www.mgsrefining.com | 212-398-1454www.mgsrefining.com | 212-398-1454 Gold ResiliencyGold Resiliency • Gold can be refined and reshaped over and over. • Whether it’s a necklace, a coin, or a bar – the intrinsic value of the gold doesn’t change just because the shape does.
  • 7. 2013 © Manhattan Gold & Silver2013 © Manhattan Gold & Silver www.mgsrefining.com | 212-398-1454www.mgsrefining.com | 212-398-1454 Gold ScarcityGold Scarcity • Gold has a “sweet spot” in terms of scarcity. • It’s rare enough to be valuable, but not so rare that it is prohibitive to find. – For example, iridium is a precious metal much rarer than gold. However, it isn’t widely traded like gold, silver, platinum, and palladium. • If gold were more common, it wouldn’t be as valuable. If it were rarer, there wouldn’t have been enough to back so many currencies over the centuries.
  • 8. 2013 © Manhattan Gold & Silver2013 © Manhattan Gold & Silver www.mgsrefining.com | 212-398-1454www.mgsrefining.com | 212-398-1454 Bonus Value!Bonus Value! • Gold has a lustrous allure, which makes it popular in jewelry and artwork – It looks valuable. • Gold is extremely dense – which makes it difficult to counterfeit. – The heavy weight also gives the impression of real substance. It feels valuable.
  • 9. About MGSAbout MGS Manhattan Gold & Silver | 45 W 47th Street | New York, NY 10036 | 212-398-1454 • Manhattan Gold & Silver (MGS) is a precious metals refiner that has been based in Manhattan’s historic Diamond District since 1985. We are a B2B company that buys and recycles precious metal scraps that accumulate in other businesses. • We serve: – Jewelers – Pawnbrokers – Dentists – The industrial sector – Antique dealers – Machinists – And more! • MGS also creates charts, calculators, and other online tools for our customers to use. – Try our Precious Metals Prices app, which lets you monitor the real-time precious metals market situation from anywhere, right from your iPhone.
  • 10. Recycle your PreciousRecycle your Precious Metals for ProfitMetals for Profit • MGS accepts gold, silver, platinum, and palladium. • Payouts are based on the London Fixing. • Up to 98% payout (among the highest in the US) – Up to 98.5% for gold brought in for hand testing. • Not in NYC? Ship us your precious metals using our Ship & Sell service. Ship & Sell offers: – Same day wired payment (once lot is received) – Discounted, insured shipping – Payout calculator Manhattan Gold & Silver | 45 W 47th Street | New York, NY 10036 | 212-398-1454
  • 11. Connect with MGSConnect with MGS • For amazing facts, history and news, read our gold and precious metals blog. • Join the conversation about precious metals on the MGS Facebook page. • Follow gold, silver, and other precious metal trends at the MGS Twitter account. • Circle MGS on Google+ to hear our latest updates. • If you do business with us, connect with us on the MGS LinkedIn page. • To see precious metal melting and refinement in action, visit the MGS Youtube channel. Manhattan Gold & Silver | 45 W 47th Street | New York, NY 10036 | 212-398-1454