Saturday, October 6, 2012

The Price of Gold


GOLD & YOU!

Look how far back mans love of gold & riches spawns... As far back as 3100 B.C., we have evidence of a gold/silver value ratio in the code of Menes, the founder of the first Egyptian dynasty. In this code it is stated that "one part of gold is equal to two and one half parts of silver in value." This is our earliest of a value relationship between gold and silver.

                                     Statute of King Menes

He also unified upper and lower Egypt creating the 1st dynasty while he was not playing with his gold & silver!



Coins struck under Menes

 So in another post I hit on the point of an Ancient Sumerian queen and her obvious worship of jewelry particularly gold jewelry.  This time I wanted to look at it in a monetary sense. The trade-able value of it. And how historically its INFLATION PROF as you are going to get. 

When I say historically I mean +5000 years of history!

So if we learn anything from this its pretty clear what we should do! And listen to this historical wisdom... Maybe we should stop obsessing about the paper money and just look at it as a tool to collect the VALUABLE stuff!

 

I my self had a very hard time saving. Truth is... its really too easy to spend paper money! Gold and silver on the other hand has to be traded or cashed out. A little harder to do. So why bother just keep collecting it until you are ready to go through the inconvenience of liquidating it.

Thus you will be better able to put a larger amount of WEALTH away quicker! Well now we are talking!

COLLECT THIS STUFF! gold, silver and metals of all sorts!

Use the paper money to move around the wealth! You will see how quickly it will accumulate! Never think of paper money as the goal at the end... Just the tool to get you a lot of it! 

Brilliant!

Some places to visit on your quest for collecting gold & METALS!

A Great Store to Buy Metals!  This is where I buy!

A great place to get values and see how much your investments have gone up!

BE FRIENDS WITH A BULLION DEALER!

 

 

 


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