Saturday, August 27, 2011

liquidity.....

Ever thought about being rich??? Yep, even cow might have thought the same thing...thanks to colorblind, or they would scour the field for something other than good old green...However, for us lately, we've been tempted towards something else other than purple, pale green, red, green and blue, we're looking back (actually) towards yellow. Yes...yellow, or to be more precise gold. (not sure though whether that represent the color or the material itself)...Thousand of years back, this were the thing which represents wealth and one's affluence are measures by this color that they wear, or acquire. So where's the money then??? Nope, they don't need one...why? (i dont know? do you??).. To begin with, this thing was largely available, easily divided, and easily melted down and it wont rust unlike todays coin....and perhaps they knew better that anywhere in the world, when you find gold, it surely be the same color, the same property, acquired using the same method, and tradeble in an instant! What more could you ask for??? Nobody would ask for any exhange rate between gold in china and gold in india....So is that all? What so great about gold that it's been here since and amidst all different types of currencies circulating the globe with so many names and exchange rates, none could deny that the single most stable medium for trading is still .....gold! in fact the strongest currencies in the world could barely stand so much before inflation hits....and yet, the single most impervious material to inflation is....gold! again!

So acceptable worldwide (craved world wide actually), inflation proof, and it does look good hanging on your neck or wrist, that's it, good enough. After all, doesnt matter how much money you have, a billion let alone a trillion, in say 100 years....it will become ancient bank notes, ancient paper which warrant carbon dating to determine it's origin. So think again, which one do you prefer? paper or gold.

So far, people still searching for king Solomon's mine in Jerusalem and Yamashita's hidden gold from WW2 believed to be somewhere in the deep forest of Philippines coz they think there's a stash of gold lying somewhere and yet to be found, but no one cares to plan a big heist on warehouse where they printed the dollar notes....funny...




By the way, gold preserves your cash just like salt preserves King Tut of ancient Egypt..... (at least before the tomb was desecrated...hehe)




No comments:

Post a Comment

LinkWithin

.