Investing your hard earned money in pure gold nugget with a company like GoldLine, safe, reliable, a decision worthy of prayer. Because of gold’s historic perceived value, the metal of choice for ballin’ players through out history from the ancient Aztecs to Henry VIII and now Chamillionaire, having your money staked in owning a lot of the physical element gold, keeping doubloons, ingots, used Rolexes, and dental fillings you’ve stolen from dead people in the fireproof safe under the stairs in the basement, would be a wise investment decision. Right?
At least Glenn Beck thinks so. Sure gold is a really well known precious metal that’s used in many of the things rich people can afford to buy (jewelry, Monster cables, exotic food and alcohol, Bentleys) and it sure as hell is pretty to look at, but did you know that the human body can’t properly process or digest gold, not even during times of economic hardship? Gold also has been observed to flat-out lose its market value when the world gets plunged into fiery Armageddon and the first things to get burned down are the banks and stock exchanges. Certainly not “Rapture-proof”.
You cannot play videos or listen to music or surf the web or be entertained in any way by gold, and unlike a good deal of the marketing presentations from GoldLine, investing in physical gold has never earned any significant amount of money over the course of the investment for the buyer, rendering it a pretty useless strategy to diversify your wealth with.
Good investments, like real estate or stock dividends or bonds or equities or selling people a totally useless investment, help the buyer generate steady income for their portfolio and “put the money to work” for them, hopefully leaving you with a significant return that you can laugh all the way to the bank with. Gold doesn’t do any of these “wealth building” things, and in very troubled times there are better metal-based items that you could have spent your money on to ensure your survival.
Gold just kind of sits there.