Gold as a Hedge Against Tuition Hikes

We have discussed a series of investment articles for students relating to precious metals. We have introduced the concept that aggressive-minded students may want to consider the precious metals as a source for long-term growth, and as a hedge against Tuition hikes and long-term inflation. Over the years, hardly anyone can argue that Gold has outperformed Real Estate, and certainly stocks. Gold has been used throughout history as money and has been a relative standard for currency equivalents specific to economic regions or countries, until recent times. Many European countries implemented gold standards in the latter part of the 19th century until these were temporarily suspended in the financial crises involving World War I. After World War II, the Bretton Woods system pegged the United States dollar to gold at a rate of US$35 per troy ounce. The system existed until the 1971 Nixon Shock, when the US unilaterally suspended the direct convertibility of the United States dollar to gold and made the transition to a fiat currency system. The last currency to be divorced from gold was the Swiss Franc in 2000. Students may take advantage of the Gold precious metals alternative by seeking out suitable and reputable companies that teach new investors how to invest in Gold. Please follow this blog for more advice for students.