Wandering around with polite society, you’d think that gold was infected.As jewelry, it is more than welcomed, especially by the ladies.However, just start mentioning gold bars, gold ingots, or gold coins and people will begin to back away slowly.Everyone knows that only apocalyptic nutters own gold like that!
To the establishment in general: Jump off a cliff.You’re not nuts if you own gold.In fact, physical gold is one of the most sensible investments you could be making right now.Unlike stocks, bonds, treasuries or any of the other socially approved investments, gold is a tangible way to store value and protect wealth no matter what’s going on in the world.
Gold isn’t a promise or an I.O.U.Gold is real money.It’s honest currency from back in the days before the Federal Reserve could just print up more dollars to cover the national debt.It hails from the days before there were multi-billion dollar bailouts and 10% unemployment rates.
In fact, gold as a monetary form has been accepted as a trustworthy currency from almost the first moment it was mined.When you choose to invest in gold and take physical possession of your investment, you are following in the footsteps of millions of smart people down through the ages.They saw the writing on the wall and decided that the only safe place for their money was right in front of them where they could see it.
There’s definitely a reason that tributes and taxes have traditionally been paid in gold.Unlike paper currencies, it can’t be debased or devalues by the stroke of a bureaucrat’s pen.Each bullion bar is assayed and weighed and then stamped with its true value.You can take it anywhere in the world, melt it down, and get exactly what you started with.Trying doing that with any other form of money!
Thus, when people ask you if you’re nuts for investing in gold, tell them you’d be nuts not to own gold.In times of change and uncertainty, there is no better place for your money.No one knows what 2010 will bring, although many are making predictions.However, in a world of the unknown, it’s nuts not to play it safe.Choose the investment that appreciates when the world churns and established systems head south.Ignore the polite society types, and stock up on solid gold.