Thursday, January 12, 2012

Gold; The Huge Mind-Shift

People are fascinating.

They make decisions based on detailed reasoning or they can just rely on the opinions of someone who seems right. And all variations in-between.

When you make a life-changing decision to remove debt from your personal system and buy precious metals, you can receive all manner of reactions. However, many of these reactions are unspoken. Until, that is, the watching, thinking, pondering faze is completed and that person is unpredictably ready to comment on your decision.

Some of these verbal 'blurts' include statements like; "How's gold going, I see it's been going up"? This is a common one, because it tells you that the person not only has been watching your decision, but also watching the gold price. The motive could be to see if there's any credence in this precious metal thing or an idea to diversify their savings a little, or it may be they have been a little unnerved by your investment and want to talk more.

Another common comment goes like this; "But gold isn't an investment, it doesn't earn a return". Well other than saying, "Correct", this also lets out a little information about the said person. They have begun to do a little homework on gold, and this time it's serious, but not serious enough for them to jump ship.

Hmm. All this confirms that our wealth is important to us. We want to preserve it. We don't want to be left having nothing to provide for our basic needs, and perhaps a little for enjoyment. There's an old saying; "Your heart is where your money is". People think seriously about their wealth. However, in times like these, many are considering their options and wondering worrying thoughts about the state of their financial well-being.

But not many move from being paper-bugs to gold-bugs very easily. It's a huge mind-shift.

Gold in New Zealand dollars: $2058.72 per oz
Previous all-time high: $2311.02 per oz (15 Nov, 2011)

Silver in New Zealand dollars: $37.63 per oz
Previous all-time high: $59.19
per oz (30 Apr, 2011)

YOUnique Gold and Silver

Buy small, affordable physical gold and silver or start a savings program towards
physical gold or silver grams for as little as US$25 per month.


The Anglo-Far East Company
AFE is the gold bullion custodial provider of choice for the sophisticated investor,
families, and institutions that require the highest level of discretion, competence,
safety, and service.
Your reference: an-001

No comments:

Post a Comment