Credit card size sheets of gold for uncertain times
A Swiss-based company has introduced credit card size sheets of gold that can be broken like a chocolate bar into 1 gram pieces, and they are rapidly growing in popularity across Europe – especially in Germany, where the people still remember the massive devaluation of the currency and the pain of hyperinflation.
The current market value of 1 gram of gold is $53 CDN. A credit card size 50 gram sheet of gold costs a little over $2,000 and can be carried in a wallet. 1 gram pieces can be broken off and used as an alternative method of payment.
Gold prices have soared since 2001, up 500% – vastly out-performing mutual funds and other investments. Gold makes sense, especially when currencies are being systemcatically devalued and may crash, as the German mark did in the Weimar republic, when a wheelbarrow full of money was needed to buy a loaf of bread. Get gold now.
New gold for a scary new world – Yahoo! Finance