In the business world, just not very important position compared with its trend. Suppose you have a grocery shop in 2011 and its turnover of USD 50 million, this figure can not be to explain your performance whether good or bad. These new figures mean something when for example compared with the previous year's sales. If your turnover in 2010 USD 25 million, meaning your performance outstanding in 2011 increased 100%. Conversely, if your turnover in 2010 was USD 100 million, then your business is experiencing a sunset or drowning in the year 2011. Then so also in view of rising prices of gold.
At the end of 2011 and then closed the London gold price trading at U.S. $ 1,531.00 / Oz - this does not explain anything when not equipped with a comparison of the figures the previous year. From the data in Kitco.com for example you can know that the closure of theLondon gold price of the previous year (2010) is U.S. $ 1,405.50, and the closure of five years earlier (2007) is U.S. $ 833.75. So the price of gold the end of 2011 his life has increased about 9% over the previous year, and rose about 84% over the previous five years.
In dollars these figures differ because of exchange rate factors. End of 2011 the market price of gold in Indonesia around Rp 500,000 / g, compared with the end of 2010 approximately USD 400.000 / g and the end of 2007 around Rp 250,000 / gr. This means that in Indonesia the price of gold has increased 25% last year and 100% in five years!.
What is the meaning of the numbers are real?, People should see this gold in the long-term perspective. The Chinese government seems to see her this well so that its central bank continues to increase its gold stock in addition they also encourage and facilitate people-do buy gold.
Not so with other countries, by reason of his own and partly also because of ignorance - other nations more inclined to encourage people to accumulate wealth in paper money - they just worry too much if people hold gold, paper currency they will fall.
This is where the real importance of the role of governments, central banks and the world's per-bank to be able to see this gold from the long-term perpekstif and from the perspective of public interest / her people to survive - if the currency crisis like we experienced in 1997/1998 over and over.
Since two years ago I actually included that do not agree with the acceleration of gold purchases by the people who financed with borrowed money or lien - if not supported by the creation of added value. But if sudden braking is now also not exactly true, especially when braking its decision based on the short-term perception that as the price of gold will down.
What should be done by governments, central banks and the banking world is to educate the public correctly in order to know exactly the character and function of this gold. They should focus on the ability of communities in turning the economy and then also able to maintain its prosperity as well - on the importance to preserve the value of paper currency which nonetheless proved costly and steadily declining purchasing power - as strong as anything they try to defend it.
Such functions are also carried by the front Dinar in micro scale, through writing and through briefings to new agents always we remind you that make people understand far more important than making people buy. Agents do not we charge a sales target because it's not selling gold or dinar is our main target - but to make people understand.
That's why the writing on this site would be far more invites to play the gold or the dinar by building entrepreneurial spirit - rather than discussing dinars or gold itself.
The writings about gold as of this writing I only made when deemed necessary for the position to refresh the latest developments and give a broader perspective to the community.
From time to time the gold price swings like a pendulum clock. When the 6 o'clock position we think is the average price, the position is the highest price at 5 and 7 o'clock position is the lowest price - then that's the price of gold - sometimes to the lowest number (the swing of the clock at 6 to 7) - sometimes to the highest ( of the hour 6 to hour 5).
At the end of 2011 and then closed the London gold price trading at U.S. $ 1,531.00 / Oz - this does not explain anything when not equipped with a comparison of the figures the previous year. From the data in Kitco.com for example you can know that the closure of the
In dollars these figures differ because of exchange rate factors. End of 2011 the market price of gold in Indonesia around Rp 500,000 / g, compared with the end of 2010 approximately USD 400.000 / g and the end of 2007 around Rp 250,000 / gr. This means that in Indonesia the price of gold has increased 25% last year and 100% in five years!.
What is the meaning of the numbers are real?, People should see this gold in the long-term perspective. The Chinese government seems to see her this well so that its central bank continues to increase its gold stock in addition they also encourage and facilitate people-do buy gold.
Not so with other countries, by reason of his own and partly also because of ignorance - other nations more inclined to encourage people to accumulate wealth in paper money - they just worry too much if people hold gold, paper currency they will fall.
This is where the real importance of the role of governments, central banks and the world's per-bank to be able to see this gold from the long-term perpekstif and from the perspective of public interest / her people to survive - if the currency crisis like we experienced in 1997/1998 over and over.
Since two years ago I actually included that do not agree with the acceleration of gold purchases by the people who financed with borrowed money or lien - if not supported by the creation of added value. But if sudden braking is now also not exactly true, especially when braking its decision based on the short-term perception that as the price of gold will down.
What should be done by governments, central banks and the banking world is to educate the public correctly in order to know exactly the character and function of this gold. They should focus on the ability of communities in turning the economy and then also able to maintain its prosperity as well - on the importance to preserve the value of paper currency which nonetheless proved costly and steadily declining purchasing power - as strong as anything they try to defend it.
Such functions are also carried by the front Dinar in micro scale, through writing and through briefings to new agents always we remind you that make people understand far more important than making people buy. Agents do not we charge a sales target because it's not selling gold or dinar is our main target - but to make people understand.
That's why the writing on this site would be far more invites to play the gold or the dinar by building entrepreneurial spirit - rather than discussing dinars or gold itself.
The writings about gold as of this writing I only made when deemed necessary for the position to refresh the latest developments and give a broader perspective to the community.
From time to time the gold price swings like a pendulum clock. When the 6 o'clock position we think is the average price, the position is the highest price at 5 and 7 o'clock position is the lowest price - then that's the price of gold - sometimes to the lowest number (the swing of the clock at 6 to 7) - sometimes to the highest ( of the hour 6 to hour 5).
