Maybe something escaped from the observations of economists in general, that in the last ten years (2000-2009) there was a remarkable paradigm shift in the use of gold on the world. Based on data collected routinely by the World Gold Council (WGC) World Gold Council or, worldwide demand for gold jewelry demand has decreased continuously from 3.204 tons in 2000, lived in 2009 and 1.747 tons, down 45%.

Conversely, gold demand for retail investment needs continue to experience increased demand from 166 tonnes in 2000, became 676 tons in 2009 or increased four times. Other forms of gold investments, known as an ETF (Exchange Traded Fund), emerging in 2003 in the western world bourses such as Paris, Zurich, London and New York, is also very significant rise from zero in 2002, reaching 595 tons in 2009 or nearly pursue the use of the retail investment.

Needs a relatively stable is gold demand for the industry. In 2000 this demand reached 451 tons, in 2009 this figure at 368 tons. More details about this shift can be seen in the chart below.

The missing shift in demand from the observations of economists, my own suspicion is that economists usually analyze all things based on prevailing currency unit of account. The economists of the world such as the use of U.S. $ to monitor everything that happens within the economic movement.

When the data mentioned above were observed from the spectacles of U.S. $ for example, will not be visible due to a shift in the demand good demand for jewelry, retail investment, or ETF industry needs all up. The increase in gold prices last ten years so much so that they can 'hide' decline in gold demand for jewelry mentioned above.

Then what is the importance of understanding the changing needs of those for us?. Although statistically the world, the use of gold for money can not be recorded again because based on the global financial regime that commandeered the IMF – a gold for money banned since August 1971, the shift of gold for this investment is really a step forward towards the gold for money.

Character of gold as an investment is illiquid and standards, while the characters of gold jewelry is not standardized and less liquid. So the last ten years has grown more gold that is liquid, while the demand for gold jewelry to be less liquid decreases.

In the land of water, an interesting thing is the development of gold liquidations also occur in significant gold. If the first Pawnshop can only accept mortgage, Islamic banks are now competing with the products of his pledge of gold. I consider this a good thing because it's assets such as gold, either bullion, or jewelry Dinar is now easy to liquidity for the real sector. Not to be sold, but can also pawned.

To further increase the use of gold for this productive activity, at this time we shared some of BMT in many cities are developing solutions based micro financing Dinar. Fiat money-based microfinance rise again throughout the world today, sparring intended will soon find his partner is a gold-based microfinance or what we call Micro-Dinar.

Cooperative managers and BMT are interested to cooperate with us in developing products based on micro-financing or Micro-Dinar can contact us for further elaboration. Through the micro sector which deals with lives of many people this is our common can fulfill what ordered in Paragraph "… so that the treasure is not only circulate among the rich among you just …". (Sura 59:7),

Other articles you need to read;

• Does the Euro exchange rate down drastically affect on the fall in gold prices?
• The Easiest Way to Understand and Manage The Investment Risk
• Which one is your investment choice, investment in shares or gold for the best?
• Where are the trends in gold prices towards the end of 2011?
• The World gold price booming proves the weakness of the global financial system

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