Why is gold so valuable? From a historical perspective:
• One dinar gold coin (4.25 grams of gold) was sufficient to buy a goat 1400 years ago, during the time of Prophet Muhammad (PBUH). Even today, the same exchange can relatively be achieved between one dinar coin and a goat. The purchasing power of gold was retained for over 1400 years!
• When his name was black-listed for his involvement in ‘The Free Aceh Movement,’ he had no choice but to flee to Malaysia. His only source of funds was the jewelleries (about 20 grams) that his mother had given before the trip. He was able to restart his new life with the said source of funds.
• During the Vietnamese War with the United States of America, the locals had to leave their hometowns. They had to convert their assets into gold, known as Kim Thant. They appear in flat sheets, which are easily kept between their clothes. These gold sheets were their ‘money’ to start their life in foreign lands.
These are some perks of gold beyond borders and time zones. They remain valuable irrespective of the situation we might encounter.
This book essentially discusses gold and its benefits in an easy-to-understand format. The nitty-gritty details are not delved further as that is not the intention of this book. Rather the author shares the practical experiences regarding gold savings in the context of wealth accumulation. This book effectively guides those who wish to start their gold savings journey.
TABLE OF CONTENTS
Chapter 1 How did I Get Started?
Chapter 2 The Benefits of Gold from Financial Perspective
Chapter 3 Ways on Leveraging Gold
Chapter 4 Investment Strategies
Chapter 5 Choosing the Best Gold
Chapter 6 Gold and Ar-Rahnu
Chapter 7 Begin with the End in Mind