Venturce Project Details

Team Venture invests in gold in South Africa. South Africa has a leading position in the world in the production of this precious metal. The highest gold production was recoded in 1970 and amounted to 1,000 tons. Why people invest in gold? Gold - a highly liquid asset, which is valuable even in the turbulent times of economic recession and political depression. Gold retains its value compared to paper money and inflationary processes do not affect him. Gold is eternal metal, but its reserves in the ground are gradually depleting and so the price of gold has been increasing in present days. In February 2012, price per troy ounce was 1800 USD. The main reason for the rise in prices is the continuation of easy monetary policy of USA Federal Reserve. Thus, the policy of quantitative easing has been left open. This policy promotes increasing of prices on gold metal. An significant factor of rising prices is increasing demand on gold in China and India. India has a first place in the world for gold consumption.