I’m going to talk about one of my favorite topics — gold. One advantage of gold, unlike real estate, is that gold is extremely liquid. At any time you can buy or sell almost unlimited quantities of gold. Another advantage of gold is that gold is easily kept and stored; gold doesn’t spoil or tarnish. Another advantage is that gold is outside the “system.” It is anonymous. Gold can be handed down from generation to generation. Gold is a good conductor of electricity; it is malleable and ductile.
Gold was considered wealth five thousand years ago, and it is considered wealth today. Gold is the first metal named in the Bible. One of the items the three wise men gave to the infant Jesus was gold. Gold doesn’t become antiquated, although many other items that are treasured today may become worthless over the years. Almost all “items of value” are subject to trends. For instance, the works of the great British landscape artists were treasured fifty years ago. Today nobody wants them.
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