"Jeff Clark, Casey Research
I hear that you've had some worries about me. I understand. Your world is a very uncertain place right now. And when it comes to money, it looks as though your leaders don't understand some basic monetary principles, making things even more unsettling.
But I want you to know that the problems you're experiencing are actually nothing new. I've seen these monetary, fiscal, and economic difficulties many times before. And I can tell you this: you're safe with me. That's a bold proclamation, but I've provided monetary protection numerous times throughout history – too many to count, in fact. I've served all kinds of people over the centuries, from kings and counts to serfs and servants.
To put your mind at ease, let's review my core characteristics, along with some history, to show how I can protect you against the monetary danger that's likely to worsen in your near future. We'll also take a look at your peculiar set of circumstances to see how I can be of service. By the time we're done, I think you'll feel much better about my ability to help your portfolio withstand whatever is thrown its way.
Enduring Characteristics
Let's start with the basics. I have some characteristics that no other matter on Earth has… I cannot be:
at http://www.marketoracle.co.uk/Article33293.html
Have you ever had any doubts about gold? Does it sometimes feel like it should be performing better? Are you concerned about its volatility? Do you worry about how it might perform in the future? Have you ever wondered about its true purchasing power? Maybe you're nervous about a big drop in price again? I decided to go directly to the source to address these concerns: Gold himself. He put his arm around me and asked me to tell you a few things…
But I want you to know that the problems you're experiencing are actually nothing new. I've seen these monetary, fiscal, and economic difficulties many times before. And I can tell you this: you're safe with me. That's a bold proclamation, but I've provided monetary protection numerous times throughout history – too many to count, in fact. I've served all kinds of people over the centuries, from kings and counts to serfs and servants.
To put your mind at ease, let's review my core characteristics, along with some history, to show how I can protect you against the monetary danger that's likely to worsen in your near future. We'll also take a look at your peculiar set of circumstances to see how I can be of service. By the time we're done, I think you'll feel much better about my ability to help your portfolio withstand whatever is thrown its way.
Enduring Characteristics
Let's start with the basics. I have some characteristics that no other matter on Earth has… I cannot be:
- Printed (ask a miner how long it takes to find me and dig me up)
- Counterfeited (you can try, but a scale will catch it every time)
- Inflated (I can't be reproduced)
- Fire (it takes heat at least 1945.4° F. to melt me)
- Water (I don't rust or tarnish)
- Time (my coins remain recognizable after a thousand years)
- Feeding (like cattle)
- Fertilizer (like corn)
- Maintenance (like printing presses)
- Time limit (most metal is still in existence)
- Counterparty risk (remember MF Global?)
- Shelf life (I never expire)
- Malleable (I spread without cracking)
- Ductile (I stretch without breaking)
- Beautiful (just ask an Indian bride)
- Liquid (easily convertible to cash)
- Portable (you can conveniently hold $50,000 in one hand)
- Divisible (you can use me in tiny fractions)
- Consistent (I am the same in any quantity, at any place)
- Private (no one has to know you own me)
at http://www.marketoracle.co.uk/Article33293.html