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What is gold mining?
Gold mining is the extraction of gold resources by mining. In the old days people use to go panning for gold. Now there are companies that actually do gold mining.
Gold mining is essential to the global economy. Unfortunately, the cost of mining gold is overly expensive and too often the top companies in the world can be found in countries where corruption is common. Yet the gold industry is flourishing more today than ever before.
It is easy to look the other way when you purchase your gold online. You don’t have to ask the hard questions surrounding the labor used to extract the gold or perhaps the unfair contracts with poor countries for a gold mining operation.
Many investors do is align themselves with organizations like Gold.org who has offices in London, New York, Singapore, Mumbai, Shanghai and Beijing. This organization provides massive amounts of data on gold, globally and serves as a watchdog for human rights issues in the gold mining industry.
Investors who want to invest in gold yet are consciously aware of unfair practices in the industry, often times donate to Gold.org to smooth their conscious.
You can learn more about buying gold online and redeeming your physical gold investments. As your investments in gold create profits, don’t forget to send a donation to Gold.org to help keep the gold industry fair.
All investments carry risk, yet gold has continued to serve investors well over the decades.
Read the article on buying gold for beginners here. Learn how to redeem your investment in order to have more control.
This article is brought to you by the Edu Matrix YT Channel were we discuss low-cost investments, exotic currencies, gold and equity share investments.
