In some contexts, women owned and hoarded hundreds of locally produced or imported fabrics as a store of wealth
(Cordonnier 1987; Picton 1995; Spencer 1982; Steiner 1985; Sylvanus 2008); they received these from their husbands, or, depending on the context, produced and/or traded them themselves (Denzer 1994).
If I were a Renaissance aristocrat, maybe, who needed a portable store of wealth
that could be hidden from predatory kings and marauding mobs.
“The Victoria Cross still remains the apogee for the medal collector, military history enthusiast and increasingly, the investor in search of rare, tangible assets as a store of wealth
. The Kenna Victoria Cross sold in Australia in July this year for in excess of [pounds sterling]700,000 clearly demonstrating how prized these medals are,” said Stanley Gibbons Investment Director Keith Heddle.
Asian countries are particularly large consumers of gold; the commodity is not just a store of wealth
or a safe haven, but it's also heavily used in jewelry.
Marial said that "the idea which cause this is that young man own girl as their wealth -- we have capture six men and they are now arrested in Rumbek main prison -- I need to ensured young men that your sister is not a moving wealth, they should be treated as part of our society - girl are human being like you and they are not store of wealth
Gold has been used for thousands of years as a store of wealth
for governments, central banks and individual investors alike.
"With the global economic recovery still burdened by high and rising debt levels in western economies, as well as the renewed threat of recession driving down the US dollar and equities, the outlook for gold as a liquid, reliable asset class and as a store of wealth
remains highly favourable," said Aram Shishmanian, the chief executive of the World Gold Council.
In fixed interest markets Sarasin favours sovereign risk with low indebtedness at the expense of corporates.Aa High government bond issuance raises questions, not just about investor appetite, but in the longer-term about the soundness of money itself.Aa Sarasin still sees the attractions of gold as an independent store of wealth
UK housing is a major store of wealth
for the nation and house prices still look overinflated relative to earnings.
Despite being scarcer than gold, diamonds attract significantly less investment interest - even though they are an extremely compact store of wealth
. This makes price moves more susceptible to demand for jewellery.
"The gold price in sterling, in contrast, has risen four-fold and more, as money's competitive edge as a store of wealth
has been steadily eroded.
Certainly, gold is a tangible asset and a store of wealth
when all other alternatives--stocks, bonds, cash--have scared investors away.