https://www.runthemusic.com/

All that glitters..

So apparently gold is a good investment nowadays. What with the economy never, ever going to get better, the best thing is to invest your money into something that is worth more American dollars now than it will be after we pull out of this rut.

If you couldn’t already tell; I am less than impressed by gold. Not gold specifically but rather, companies advertising gold. It is an odd thing, something I’ve pointed out before and will probably point out some more in the future. Commercials are often made to appeal to the stupid, easily manipulated majority, and this means, plot holes.

First off, in most any commercial they will tell you that gold is now cheaper than it has ever been, so now is the time to buy. Since monetary value is based on gold supply and inflation, logic would dictate that the less the dollar is worth, the more dollars it will cost to get an ounce of gold. This means, right now gold should actually be going for more than it ever has.

Which leads us to the second plot hole; they claim gold has only gone up in value for the last five years. This information seems to collaborate with my previous statement. Looking further however, you may wonder, has gold actually gone up in value or is it just that the American dollar has gone down in value? If you look back five years; the American dollar was already going down in value, as well, we’ve hit a major recession, and high unemployment which have yet to improve. So, on paper it does LOOK like gold has been steadily rising in value.

The problem though, is that the value of gold is inversely proportionate to how well your country is doing financially. To put it bluntly, if you are counting on a major investment in gold to pay off, you are counting on the financial state of your country as a whole worsening over the next ten years. If America improves it’s economy, jobs are created, and things get better, the value of gold will go right back down again.

This is the real reason why gold is so hot right now, they KNOW the value of gold is doomed to drop, and they are trying to get rid of as much as they can while the gold value is still high. Leaving you to suffer when the economy is eventually straightened out and that $10,000 worth of gold becomes worth $4,000.

best vpn nz