Another reason is Chinese upper middle class use real estate as a store of value.
The rich buy apartments and often leave them empty, treating them as a store of value.
Universally recognized as a store of value, gold can be bought and sold in any country.
Gold is indeed attractive to people as a store of value when political or economic tragedy strikes.
Those who doubt the continued worth of paper money as a store of value point to two things.
Gold is supposed to act as a store of value during inflationary times.
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Diamonds would merely have held their own as a store of value.
Gold is generally a benefactor of this flight to riskier assets as many investors see it as a store of value.
In time, a globally traded yuan could emerge as a store of value on par with the dollar, euro and yen.
This year, fears of inflation have driven many Chinese investors to include gold in their portfolios as a store of value.
It would take years for the SDR to be widely accepted as a means of exchange and a store of value.
In this context, society can be defined as those mutual users willing to agree to a medium of exchange and a store of value.
Then, as long as it is producing more than it consumes, it can convert the surplus into a store of value for future needs.
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This should increase liquidity as the ECB throws money at the problem, and liquidity favors gold, as it is used by many as a store of value.
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Many wealthy Chinese buy property as a store of value.
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But others see potential for market participants to return to gold as a store of value, particularly if traders see more worrisome headlines about sovereign debt around the world.
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Southeast Asian countries are suffering because the world lacks confidence in their money as a store of value, and lacks confidence in the leadership that supposedly stands behind it.
But they are buying assets in a currency that is steadily losing its worth as a store of value, which should presumably be set against any possible advantages for their exporters.
Investors in gold might get a store of value (although that rather depends upon when you buy and sell) but investors in productive assets are gaining rents, incomes, dividends over the years.
Investors who buy homes as a store of value, rather than as a place to sleep at night, are rushing to their realtors before the government implements a 20% capital gains tax on housing sales.
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At no time in history has it lost its appeal as a store of value and, in fact, it represented the universal money until nation governments and warfare made the creation of paper money a necessity.
The decline appears due mostly to speculative short-term trading and possibly, sales by banks rather than any fundamental change in the nature of a resource that has consistently been treasured as a store of value since civilization began.
Folks tend to think gold is many things: a stable store of value, a hedge against inflation, a safe haven in times of trouble, a better alternative to fiat money.
As the market shows, buyers of American bonds do not consider the currency a failed store of value.
They are not using it as a medium of exchange, a unit of account, or a safe store of nominal value.
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Though the price still fluctuates against the dollar, it is less volatile than it was, which makes it a better store of value.
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