Gold ownership as a lifestyle decision

Imagen tomada de https://simplegoldira.com/

Reproduzco a continuación algunos refrescantes párrafos del artículo "Gold ownership as a lifestyle decision" de Michael J. Kosares, publicado en www.usagold.com el pasado 1 de julio.

(El subrayado es mío).

"... gold shone with the placid certainty of received tradition. Honored through the ages, the standard of wealth, the original money, the safe haven. The value of gold was axiomatic. This view depends on a concept of gold as unchanging and unchanged-nature’s hard asset".

... Doc transferred roughly $500,000 of his net worth into gold coins. His goal, like most of our clientele, was not to become wealthy through gold ownership, but to protect the hard-earned wealth he had already attained. After we had exchanged the usual pleasantries, the conversation turned once again to the subject of gold and the reason for his call.

“I still have all the gold I purchased from you,” he said simply. “Every ounce of it.

The fact of the matter, though rarely discussed, is that gold ownership has as much to do with personal philosophy as it does finance and economics — though by that I do not mean to diminish the importance of financial markets, or politics for that matter, in our everyday lives. Things, though, do need to be kept in perspective and gold helps toward that goal — once one understands its true nature. In many ways, gold ownership, as Doc would likely attest, is a rational portfolio decision that suits the times, but it is also a life-style decision. As Richard Russell, the venerable purveyor of Dow Theory Letters puts it, “I still sleep better at night knowing that I hold some gold. If or when everything else falls apart, gold will still be unquestioned wealth”.