Monday, January 22, 2007

Future Price of Gold

Few things hold our gaze like this yellow metal. Why is it the aim of princes and pirates alike? What power does it convey?

Gold is used as a symbol of power and purity. We seek pure gold unaltered with base metals. Its purity is seen as a sign of greatness - the metal of kings.

Unlike silver, gold does not tarnish. It can stay hundreds of years in a treasure chest and not rust or rot. Gold has been a store of value for centuries, we used to rely on its power to back our currency.

What is the future price of gold?

Expect that in the time of troubles to come the price will explode. People will seek that which has real value. Unlike green pieces of paper, gold will continue to be fought after by the nations. Empires will crumle to dust, but gold will remain as always. None will refuse its power. It alone serves as the mechanism of faith in banks.

We can imagine a world without this brilliant precious metal, but it would lack luster and shine. It is gold that sent thousands to California during the gold rush. Few things are "as good as gold". Such is as well as it should be.

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