I have been asked often enough and been ranted at enough about investments in economic times and the power of gold, that I'm going to weigh in from the God standpoint, as He always has things figured out.The people who keep resounding the gold charm never note that as the price of gold goes up, all it means is that more worthless paper money is needed to buy the same amount of gold.
What that means is the price of gold never changes, but it is the price of worthless paper currency which changes. So gold at 12,000 dollars an ounce is the same as gold at 300 dollars an ounce. Inflation and lack of Dollar husbandry just makes fools think gold is their savior when everything else is inflating too.
Investments should always be geared to sound reasoning of not a cheap investment, but looking at how much that investment will pay off on a yearly basis in dividends and on a lifetime investment so that it does no degrade.
Certain investments like Jay Leno and his pretty antique cars are fine as he loves cars, but the day he dies, those cars are tax revenues for the government under most cases, and his wife is going to be stuck trying to find buyers for a finite market.
I have never been a fan of gold as an investment, because it is like lead in being too heavy to move around. Gold when you have pounds of it makes you not so fond of it.
Ezekiel 7:19 They shall cast their silver in the streets, and their gold shall be removed: their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.
God also proves that when economic and political collapse occurs, that invading armies are not stopped by gold no more than a plunging dollar is. You can not eat gold and when Jerusalem fell to the Chaldeans, the people there were eating their babies and their children were eating their parents as they were starving.
In Spiritual terms, if you put your soul into gold, the spirit in you will be that metal which does not grow eternal life.
So gold for me is just a hedge, like a Theodore Roosevelt owned firearm, a specific color diamond as a pink which is a rare event on your wife's hand or perhaps a Presidential signature encased in fireproof glass.
I love books and fine china as well as crystals, but those things break or burn up which makes one sad. I am still disgusted in a sibling I showed a German Bible to I obtained who decided to be an ass in flipping it open and cracking the binding in the old glue.
When you have toys, do not show them to others as oft times rivalry or just idiocy will cause them to drop a periwinkle plate.
So the old axioms of 1/3rd in gold, 1/3rd in stocks and 1/3rd in cash are really time tested investment strategies, if one realizes the gold can be other things of hard value as stated like rare diamonds, land you know how to gain revenue from or rare antiquities.
Cash while deflating in value can indeed be other currencies as pricksters like George Soros bet against the dollar with. I will not recommend currencies, but the thing to remember is one invests in a nation which will be here when Jesus returns as those which are nuclear dust are not a good investment.
The real play in this is the "stocks", because for the next few years until America obtains a real President, government spending is going to be out of control but controlled where it is spent by Bearick Obama.
While you can not be as fortunate as Warren Buffett to have Obama illegally give you the Chinese market in cars imported into the United States nor a union buying General Motors, there are certain companies which in specific oil drilling, defense, Obama programs and the shift to AARP type insurance scams if Obamacrypt goes through, which will pay returns.
Ross Perot the billionaire placed all of his funds into municipal bonds as they were tax free and paid well. They also helped invest in one's community to develop it.
The one thing which is certain is Geithner Obama will come again very soon and loot 401K's as they did in their 2008 collapse which got Obama elected. Sometimes the best investments are those in your own state if it is solvent and in your own community where you know you can keep an eye on your money at work.
Cash as Obama inflation rockets in 2010 should become a greater hedge revenue developer, but it will be weighed against losing value on the international stage. Imported Chicom wares will inflate while locally produced items will be good buys yet.
I will repeat in closing this out, that the areas of Obama graft in his dictating where money is flowing into are areas in the 5 year term which should produce more sound returns than perhaps the low returns in your local utility.
It is why in all this I become very lazy and just play with my investments like working the action on an antique firearm or running my fingers over the print of letters. That is more delightful to me than gold.
Although, I do enjoy working a gold field more than the gold. No one pans for gold, as a gold pan is only utilized to see if you are in an area to obtain color. In certain localities one finds the tell tale signs of the garnets first and then follow on with gold flakes.
At that point, one starts tearing up the earth with a loader, dumps the dirt into a sluice box rocker, sprays it all with a water pump and sweats their way to pay dirt.
That is the way one runs a mining operation, even if pretty girls with gold pans and down coats actually seem to have more appeal. Sort of like running one's finger over their fine print as in a Presidential signature.
The concern is only for one's lifetime of bread in being astute as Benjamin Franklin, as one can not take anything to the other side and I have found that the people who gain your possessions are not worthy of them.
The tokens I have inherited, to this day, I do not refer to as mine. They are still referred to as the people's who entrusted them to me and I hold them for the day they rise from the grave.
It keeps one balanced and striving for what is the correct work of life in making one's own way.
agtG
Obama plunges United States Dollar
