Thursday, May 5, 2011

Investing In Gold

There are so many companies out there trying to get us all to invest in gold for the security of our financial future. You see, if the dollar becomes worthless soon, but you’ve invested in gold, you’ll still be rich when everyone else loses everything! Don’t worry, the newly destitute would never be able to think of coming and stealing your gold later. That’s cheating! So come on and buy gold now!

The thing I find so odd about this whole gold-selling/investment business is this: If gold is such a great investment, and the dollar is becoming worthless, then why are they so willing to accept our money in exchange for their gold? Wouldn’t it be a much better investment and business strategy for them to just hold onto the gold they have now, and just refuse all of this worthless money? Surely they’d make way more profit just by sitting on their gold reserves, doing nothing and waiting, rather than to sell off the gold they have and just be stuck with all of our paper money that’s supposedly going to be worthless soon anyway, right? Maybe they’re just really incompetent businessmen, but something just doesn’t smell right about this whole thing somehow.

Unless, you know what? Perhaps they’re just really nice, charitable people who want to help their fellow Americans. They don’t really even want our money: hell, that’s going to be worthless anyway! They just take it because they don’t want people to know how much they really care, because then we might find out that if we gave them a good sob story, they might not be able to help themselves from giving out all of their gold reserves to one of us, leaving nothing left for anyone else. That must be it. Otherwise, it just doesn’t make a lot of sense.