Showing posts with label gold. Show all posts
Showing posts with label gold. Show all posts

Tuesday, April 20, 2010

Be A Gold Digger

In the Urban Dictionary, Golddigger means:

Any woman whose primary interest in a relationship is material benefits. A woman who cares more about a man's bank account than she does about the man.

But if you take the literal sense of the word, a gold digger is a person who digs for gold, right?

Anyways, the reason I'm bringing this up is, when the dollar faces decline, gold goes up. At the rate the economy is going, you might want to buy gold bullion and start guarding it with your life. No cash to buy gold? That's why I brought up the gold digging option! *laughs*

Historically, gold has proved to be a successful method of preserving value when national currency fails. Your money is usually safe in gold as it will be backed by something physical and solid not just paper. Therefore, when any global crisis hits, there might be a chance that your dollars are nothing more than Monopoly money. Gold might just be your lifesaver then.

So, let's start gold digging! Now we just have to find an untouched gold mine... hmm...


Wednesday, February 10, 2010

The Golden Ticket

AUBURN, CA - APRIL 28:  A book on how to find ...Image by Getty Images via Daylife

I'm sure most of you have noticed the increase of gold prices in the recent years that it makes you chase for rainbows and look for that pot of gold! Okay, so maybe you don't.. But I seriously and secretly wish for it. Does that count?

Anyways, the recent spike in the gold market is said to be contributed by many factors and among them, is war. People fear that their assets may be seized and that the currency may become worthless. They see gold as a solid asset which will always buy food or transportation. Thus in times of great uncertainty, particularly when war is feared, the demand for gold rises.

I never thought of it that way, but it sure does make sense! Especially in this day and age.. you guys might want to think to buy gold bullion now and keep it for a seriously rainy day.... or a hurricane for that matter.

Gold might just be your golden ticket to survival!


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