Torsten : commodities

gold dust

Torsten — Fri, 19 Sep 2008 16:28:00 GMT

It is sometimes argued that gold is a crisis proof investment. One is then usually offer gold bullion, but what about gold dust? Gold that has been mined, but wasn't processed further yet. Is it wise to purchase commodity gold or should one rather go for processed gold like gold bullion or gold coins. I am asking, because I am also looking into gold from Zimbabwe. Something that might become a profitable business in the future, when this country stabilizes again.

commodities

Torsten — Wed, 17 Sep 2008 15:57:00 GMT

I would be interested in more articles on commodities. If anyone can provide I would appreciate this. A distinction should be made between commodity futures and commodities traded as physical products of mines and factories.

Rough diamonds - a means of storing value?

Torsten — Tue, 16 Sep 2008 23:43:00 GMT

Some say rough diamonds are storing the highest value on the smallest space, but could they function as currency?

There is a debate about what currency to use. Most Austrians would favour a gold based money and oppose fiat money(money created on the books only). They argue that this will finally lead to a devaluation of currency. But what is the best means of storing value meaning purchasing power?

Are there any other opinions on this?