Saturday, August 20, 2011

GOLD? Really?

People are now rushing to buy GOLD, because they think it's something stable and will always be a good investment. But they are wrong. GOLD is just as meaningless as any other form of "Money". GOLD only has value for the same reason that we give value to paper money, and that is because we agree that it has value.

If I am hungry, try giving me a GOLD brick, for my bread. If I am trying to provide shelter for my Family, would a GOLD brick be worth the logs needed to build my house? Will a GOLD brick give cloak me when I am cold?

I could sit on a throne of GOLD, but GOLD can't feed me by itself, or shelter me by itself, or cloth me, by itself.

GOLD is just as much a Lie as Money itself.










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