Keeping an eye on the state of the economy may be as simple as watching the gold price chart. As informed investors watch the details of the falling dollar, slow economy and lackluster job growth, a simple barometer for the average citizen could be gold prices. As the dollar looses value, investors want to maintain their wealth in a safe store of value such as gold so they change their holdings from the dollar to gold. With the history of paper money in mind, there is good reason to make the transition.
The news is steady about the current gold prices. New highs are reached on a regular basis and many think the price will go a lot higher. That remains to be seen, but new investors do not seem to be afraid of the investment. Even seasoned investors continue to make purchases on dips of the gold price chart. Looking over the past 40 years of gold prices, it is obvious that gold is volatile. In 1980, gold went to $800 per ounce. The gold price today is around $1350 and seems to be continuing to climb.
The price of gold is volatile for a variety of reasons. Gold and silver have been money for thousands of years. The idea of these metals having value as money is ingrained in the minds of people across the world in every major civilization, business has been done in gold and silver from the very start of business between cultures and everyone accepted these substances as money. Wars were fought over large stashes of gold and silver. Kings rose and fell with their accumulation or loss of gold and silver.
On the other hand, the American paper dollar has been around for less than 300 years. Paper currencies have always come to the point of having too much in circulation after which time they become worthless. If that happens to the dollar, those with gold and silver will remain prosperous while those with paper money will loose their store of value.
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There are many different reasons to improve yourself through a hedge fund training program. I have narrowed down the reasons to join a hedge fund training program to just four top benefits. Here is my list of the top four reasons to enroll in a HF training program:
1. Improve your business or career prospects by increasing your level of industry knowledge and adding to your ability to work fast and efficiently while bringing the maximum productivity to your employer. Through a hedge fund-specific program you will gain training in specialized knowledge that will be valuable and allow you to conquer the fundamentals so you can outwork your competitors.
2. Bolster your resume: You can use your certification as a way to bolster your resume. This is especially useful if you have a relatively weak resume in the areas of finance. A certification combined with work experiences will help set you apart from other job candidates.
3. Demonstrate your dedication: By enrolling in and completing a HF certification program you will prove to your future employer that you have an interest in the industry and you are passionate enough that you spent three to six months completing a certification specifically on hedge funds.
4. Speak the language: A certification program will guarantee that you can speak eloquently and intelligently on many different aspects of the industry. You will be able to walk into an interview and express yourself confidently relying on the knowledge gained through your training. You can also represent yourself well at a conference or networking event. If you have only worked in finance and have not been trained on HFs, then you are automatically at a disadvantage to those who have and who are familiar with all the terms and issues in the industry.
These are only a few of the many benefits of improving yourself through a hedge fund training program.
That said, most professionals in the hedge fund industry can benefit by completing a online training program or certification of some type such as the Certified Hedge Fund Professional (CHP) Designation.
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