Gold bullion has been going on a quiet popularity rise lately with an entirely new fan base. Naturally, those who have long been suspicious of government backed currencies and worried about the markets have been in gold for a long time. Yet it wasn't much on the minds of the lumpen investor until recently.
It's not just the incessant "Cash For Gold" advertising raising mass awareness, either. Somewhere in the night, it seems, the average citizen has gotten worried about the future. Laying awake in the dark, all the pretty promises of the politicians look awfully hollow and frail compared to the lurking prospect of the wolf howling at the door.
Poverty, debt, and fear are the things that are keeping John and Jane Doe up at night. They've had enough of promises about jobs and stimulus packages. They want something real to cling to as a defense against those looming specters, and gold bullion is a prime candidate.
It's hard and real, unlike the words in a campaign speech or press conference. It holds value over time, unlike stocks and bonds. It can be moved quickly, quietly, and efficiently out from under the noses of snoopy bankers and meddlesome tax monitors.
It's like cash, only better. Paper money is only as good as the government behind it, and usually only in a specific part of the world. Gold, on the other hand, is universally recognized as a solid and trustworthy currency.
Gold bullion is suddenly a side conversation at dinner parties, family barbeques, and happy hours all over the world. People want to check what others are thinking, and then compare strategies for amassing and protecting a stash of gold against future emergencies. But that's only one part of the quiet rise of the yellow metal.
The bigger rise in popularity has come from the more silent part of the population. These people are not talking about their finances with their neighbors, trying to see if gold is really a good idea or not. No. They know that if push comes to shove, they don't want the entire neighborhood to know there are Krugerrands buried in the backyard.
Instead, they've examined the facts and decided for themselves that gold bullion is the way to go. Then, they've figured out how to get some, and their willing to look in corners collectors turn up their noses at to get what they want. Pawn shops can't keep gold, and trade shows are selling out. Mints are on back order and suspending production.
It's not exactly headline news . . . after all, what government wants to advertise that their mint is out of gold for coins? To do so would be to call the bluff on the whole paper currency charade. Yet as gold coins, ingots, and jewelry continues to fly swiftly off the shelves, it seems that consumers world-wide have already done just that.
It's not just the incessant "Cash For Gold" advertising raising mass awareness, either. Somewhere in the night, it seems, the average citizen has gotten worried about the future. Laying awake in the dark, all the pretty promises of the politicians look awfully hollow and frail compared to the lurking prospect of the wolf howling at the door.
Poverty, debt, and fear are the things that are keeping John and Jane Doe up at night. They've had enough of promises about jobs and stimulus packages. They want something real to cling to as a defense against those looming specters, and gold bullion is a prime candidate.
It's hard and real, unlike the words in a campaign speech or press conference. It holds value over time, unlike stocks and bonds. It can be moved quickly, quietly, and efficiently out from under the noses of snoopy bankers and meddlesome tax monitors.
It's like cash, only better. Paper money is only as good as the government behind it, and usually only in a specific part of the world. Gold, on the other hand, is universally recognized as a solid and trustworthy currency.
Gold bullion is suddenly a side conversation at dinner parties, family barbeques, and happy hours all over the world. People want to check what others are thinking, and then compare strategies for amassing and protecting a stash of gold against future emergencies. But that's only one part of the quiet rise of the yellow metal.
The bigger rise in popularity has come from the more silent part of the population. These people are not talking about their finances with their neighbors, trying to see if gold is really a good idea or not. No. They know that if push comes to shove, they don't want the entire neighborhood to know there are Krugerrands buried in the backyard.
Instead, they've examined the facts and decided for themselves that gold bullion is the way to go. Then, they've figured out how to get some, and their willing to look in corners collectors turn up their noses at to get what they want. Pawn shops can't keep gold, and trade shows are selling out. Mints are on back order and suspending production.
It's not exactly headline news . . . after all, what government wants to advertise that their mint is out of gold for coins? To do so would be to call the bluff on the whole paper currency charade. Yet as gold coins, ingots, and jewelry continues to fly swiftly off the shelves, it seems that consumers world-wide have already done just that.
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