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Wednesday, August 14, 2013

The Best Reason Why You Should Own Some Gold and Silver


I am often asked by people, who seem quite skeptical, "Why should I own any gold or silver?"

Here is the best answer I can think of: 

 Scenario A: 

 Pirate One finds a treasure map. He searches for years and finally finds the treasure. They dig it up and lo and behold, upon opening it, they find millions and millions of dollars worth of paper money bills, checks, bonds, deeds, etc... from a country that ceased to exist a century ago....

 Scenario B: 

 Pirate Two finds a treasure map. He searches for years and finally finds the treasure. They dig it up and lo and behold, upon opening it, they find millions and millions of dollars worth of diamonds, gold, silver... from a country that ceased to exist a century ago.... 

 Question: Which pirate do you want to be?

 Think about it: How many countries have ceased to exist in just the last 70 years? I can't name them all:

 Just for fun. Here's a list of countries that have disappeared since 1840 or so (there's gotta be more! In fact, Texas was an independent country until 1845 or so!) 
Abyssinia  
Austria-Hungary  
Basutoland 
Bengal 
Burma 
Catalonia 
Champa 
Corsica 
Czechoslovakia 
East Germany 
West Germany 
East Pakistan 
Gran Colombia 
Hawaii 
Imperial Japan 
Fascist Italy 
Nazi Germany 
New Granada 
Newfoundland 
Ottoman Empire 
Persia 
Prussia 
Rhodesia 
Sikkim 
South Vietnam 
Southwest Africa 
Tibet 
Transjordan 
Union of Soviet Socialist Republics (USSR) 
United Arab Republic 
Urjanchai Republic 
Western Samoa 
Yugoslavia 
Zaire 
Zanzibar  
Tanganyika

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2 comments:

  1. mickeymanAugust 16, 2013 at 6:39 AM

    And that doesn't even mention countries which continue to exist, but have devalued their currency out of existence. Imagine a treasure chest full of million-mark notes from 1920.

    ReplyDelete
  2. AnonymousAugust 17, 2013 at 3:11 PM

    The Best Reason Why You Should Own Some Gold and Silver, - I guess that isn't obvious to most people, the world has truly gone mad.

    ... It's also the best reason to own steel and lead. ...And a freakin' bunker.

    ... Damnit, I'm lacking!

    - IndividualAudienceMember

    ReplyDelete

Comments must be succinct & relevant to the story. Comments are checked frequently and abusive, rude or profane comments will be deleted. I’m just one of many bloggers who answer questions online and sometimes for the press. I usually handle questions about Japan, marketing or the economy, so in those areas I’m more likely to make sense and less likely to say something really stupid. If I post something here that you find helpful or interesting, that’s wonderful. This is my personal blog. If you don't like what you have read here then, just like when you go into a restaurant or bar that allows smoking, if you don't like it, there's something at the front that has hinges on it and it is called a "door."