This is the time of year when many families look forward to the 25 days of Christmas on ABC and watch blockbuster movies and seasonal faves every night in the month of December. One of my ‘ole time favorites is Rudolph the Red-Nosed Reindeer – and that sway-back-and-forth feel-good scene when Sam the Snowman sings “Silver and Gold.”
“Silver and gold, silver and gold
Ev’ryone wishes for silver and gold
How do you measure its worth?
Just by the pleasure it gives here on earth.”
And is that not true? Owning silver and gold is a treat – a true pleasure, knowing that you are an “elite” gold owner. I know I was smiling ear to ear when I received my first gold purchase. There was nothing but excitement and anticipation as I anxiously unwrapped the packaging.
There is something about gold – almost magical like the Christmas season – that only you can experience when you hold that gold bullion (or two) in your hand. You officially become someone who owns a precious metal – gold.
And what a pleasure it is to know that silver and gold can help give you financial security in these times of economic uncertainty. I mean, let’s face it, someone is jumping off that cliff come January – the Republicans continue to encourage the Democrats to extend the Bush-era tax cuts and strongly discourage the tax rate increase for the upper 2% … while the Democrats are fighting the Republicans proposal to slash spending on Medicare, Mediciad and Social Security. Someone is going to take the hit for the fall… Protect yourself with something that historically gives you a good chance to keep your financial footing.
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And let’s not forget that as we fall off the cliff, we may well be jumping back up into a time of a recession and inflation. If the tax hikes and federal spending cuts do indeed occur, they will have a direct impact on consumer behavior of every US household. We will have less spending power, and with the reductions in various departments due to the federal cuts, many jobs will be lost. Gold may provide you the pleasure of knowing you will still have purchasing power. In 5,000 years, gold and silver have never been worth zero.
‘Tis the season to surround yourselves with loved ones and to embrace the peace of the season, but remember, too, that ‘tis the season to measure gold and its worth just by the pleasure it gives you here on earth.
This is just my opinion, what’s yours?