February 16, 2009
“The price of gold is constantly increasing. A recent advertisement in a major newspaper tried to teach the public that gold is a great investment because it builds cash value. It is one of the only investments that has consistently outperformed buyers’ expectations. Gold is a reliable investment that builds value over time. While other purchases, like cars, lose value as they age, gold is a safe investment. The price of gold has been rising steadily for several years and each time it increases beyond the expectations of people in the market. ”
Just the other day, a company took out an ad in a major newspaper to let the world know that gold is the only thing that grows more precious with each passing day. Now there are many intangible things like memories or happy thoughts that someone may hold more and more dear, but there are very few material things that appreciate in value the way that gold does.
Take you car, for instance. A car depreciated in value as soon as you drive it off of the lot (sooner actually). You may appreciate having it, but it is highly likely that you will be able to sell the car for what you paid for it, much less at a profit.
There are very few things that you can use and then turn around sell, perhaps with the expectation that you will see some gain. Used cars, used furniture, used clothes