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 (EMAILWIRE.COM, May 27, 2013 ) San Francisco, CA -- ReviewBank.com recently launched a new info-graphic on investing in gold. Gold is still a precious commodity, and is considered a wise investment choice. In addition to being recession proof, gold offers true financial freedom and countless benefits. This informative graphic is designed to educate readers on gold investments and future possibilities.
According to the infographic, gold is still one of the worldÂ’s most precious metals. In fact, all of the gold in the world can be compressed into an 18-yard cube, which is about 1/10 the mass of the Washington Monument. Based on recorded history, 88,000 tons of gold have been extracted from the earth to date. This leaves much more gold to be discovered for monetary gain.
When it comes to measuring gold, one “troy ounce” equals 480 grains. One grain of gold equals 64.79882 mg. The term “troy ounce” is based on a French town called Troyes. The town was popular for creating the system of weights during the Middle Ages. They also created the system for weighing precious metals for local and international commerce.
Gold purity is typically measured in carats. In fact, one carat of gold equals 200 mg, which also equals 1/5 g. The carat weight of pure gold is typically based on six values. This includes ten, twelve, fourteen, eighteen, twenty two, and twenty four. In order for gold to be considered solid, it must be a minimum of 10 carats. Pure gold is also 24 carats; however, the alloy will still contain traces of copper.
Based on the infographic, the largest nugget of gold ever found was in Australia. The finding took place on February 5, 1869, by John Deason and Richard Oates. Amazingly, the gold was discovered just two inches below the surface, and measured 10 by 25 inches. It also ended up yielding 2,248 ounces of pure gold.
Since gold has countless technological applications, its value is slated to go up in the future. Gold can even be chemically liquefied and injected into the muscles of rheumatoid arthritis patients. To date, this procedure has been successful in 7 out of 10 cases. NASA also used gold to coat the helmets of astronauts. This helps reflect infrared rays, while allowing sunlight to easily pass through.
Gold is so pliable; it can be made into a sewing thread. You can also make a wire that is 50 miles long using just ounce of gold. The worldÂ’s oceans even contain over 10,000,000,000 tons of gold. Gold is also six to seven times heavier than other precious metals and alloys.
From 2005 to 2008, the price of gold closed at $307.65 to $866 per share and ounce. This cements that fact that gold continues to increase in both value and worth. While the market does fluctuate, gold is considered a sound investment across the board. If planning to retire someday, you may want to consider investing in a gold I.R.A to protect your financial future. To see Review Bank Â’s new infograph, look here - http://www.reviewbank.com/financial-services/gold-ira-investing/.
ReviewBank.com
Benjamin Wrights
4157669098
news@postpressrelease.com 
Source: EmailWire.com
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