Gold cannot be…
Printed (ask a miner how long it takes to find it and dig it up)
Counterfeited (you can try, but a scale will catch it every time)
Deflated or inflated (it can’t be reproduced)
Gold cannot be destroyed by…
Fire (it takes 1945.4 degrees F to melt it)
Water (won’t rust or tarnish)
Time (a gold coin remains recognizable after a thousand years)
Gold doesn’t need…
Feeding (like cattle)
Fertilizer (like corn)
Maintenance (like printing presses)
Gold has no…
Time limit (most gold mined is still in existence)
Counterparty risk (remember Bear Stearns?)
Shelf life (it never expires)
Gold as metal is…
Malleable (spreads instead of crushes)
Ductile (stretches without breaking)
Beautiful (just ask an Indian bride)
Gold as money is…
Liquid (easily convertible to cash)
Portable (you can hold $50,000 in one hand)
Private (no mandatory reporting here)
Gold is internationally accepted, lasts for thousands of years, and best of all, they aren’t making any more of it.
Tuesday, December 29, 2009
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