Precious Metal

This morning the preacher cracked a joke which involved doors – first the normal big door, which led to a silver door. Then the silver door opened to a gold door. That gold door opened to a platinum door…. well, you get the idea.

Warren Buffett, the second richest man in the world today, has this to say about gold, gold coins or gold bullion: “It gets dug out of the ground in Africa or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it”

Jokes and clever remarks aside, gold has become the safe haven for investors lately due to the global financial crisis caused by bankers speculating on sub prime investments. When the US currency loses its appeal due to the heavy debts of the USA, gold is where investors are going for. Yes, it seems that the world is reverting back to gold standard.

And why not? After all, gold does not lose its value due to limited supply and constant demand by people. It can be fashioned into jewelery. Gold coins are also collectors items.

Now, with Christmas less than two months away, how can I make sure my Hubby reads this post “accidentally”?


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