History of gold
Gold is deeply woven into the history of humankind. The empires ruled the world, the continents have been discovered, science and art have flourished, all driven by the mighty power of this precious metal. Gold has been an integral element of economic evolution for thousands of years. Despite all technological and investment products development over the last century not only gold has maintained its relevance, but also appreciated in value against all major currencies by over 5,000%. Additionally, gold has remained one of the pillars of the financial system. Today gold is an integral part of the investment portfolios not only of the institutional and private investors but also of the most developed nations’ government reserves.
The major sources of world gold demand are
Key advantages of gold
The availability of gold is limited and the annual increase of the gold supply is less than 2%. In comparison to other precious metals gold exhibits a significant price stability and steady appreciation. Moreover, investment in the physical gold carries no counterparty risk. Gold can not be destroyed by fire or flood, it can not be blocked or hacked like bank or cryptocurrency accounts. The physical gold can be easily transferred to successors without complicated paperwork and tax exposure. The price of gold is very transparent and the liquidity is very high. All these factors make gold truly a best alternative to cash. For modern private investors, the volatility in the financial and currency markets, complicated banking regulation, information disclosure requirements, excessive taxation - all make investment in gold a safe, stable, convenient and confidential instrument of capital preservation.
Why investment with Das Kapital is advantageous and safe
Das Kapital is an official partner of Austrian Mint, 100% owned by the Austrian National Bank. The Austrian Mint gold bars have 999.9 purity, carry a unique serial number and are globally tradable. The gold purchase and sale in Austria is exempt from Value Added Tax (VAT). The amount paid by investors is based on the transparent world price plus a fixed commission. In addition to sale and purchase of the gold bars we also offer a selection of high security, insured storage vaults in Vienna. As a convenience to our customers we have carefully designed our business processes that require only one brief visit to the beautiful city of Vienna.
