Asset in tangible form. – (Investment) object which carries its value in itself, i.e. in its substance, in its substance, in its material (intrinsic value). In contrast to this are – money as a claim to a part of the social product and – papers of any kind, which ultimately always express claims. – Intrinsic values thus provide protection against inflation and, depending on the type of object, also against expropriation. Precious metals, especially platinum and gold, as well as precious stones, continue to be popular for this purpose worldwide. This also explains the fact that the price of gold rises sharply in times of financial crises. – See assets, fixed assets, precious stones, diamonds, monetary value, realities, tangible assets, asset value, value relativity, valuables.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
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