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Gold ‘true’ redeemer

by Gyanvitaranam

   Gold which has been one of the pillars of human economic and financial structure throughout history is our lone saviour in the turbulent times that we live in. The article spotlights the importance of investing in gold for a safer and secure future.

   The topsy-turvy nature of economy – everything in the economy is linked to everything else through buying and selling, so it is possible for an economic downturn to lead to an ongoing pattern of decline – known as a recession cycle. A recession is a period during which the economy, as measured by its GDP, is shrinking meaning that less is being bought and sold in the economy. This leads to falling wages and higher unemployment.

   As more people are out of work, or earning less they begin to save their money, fearing for their economic future, which reduces the overall money supply. Demand for goods fall, companies are forced to cut costs and production, and the....

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