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Fudley61

2,613 Posts.

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07/10/17

11:26

Post #: 27731694
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Originally posted by Skol ↑

I though you guys might be interested in this excerpt from the preface of a book I'm reading.....

Gold brings with it a spiritual dimension, a nonrational totem that stands for strength, control and even adoration. We seek the immutable characteristics of gold in the same way that religions posit the divine and everlasting qualities of God and the afterlife, as if gold can somehow connect us to eternity and protect us from the vagaries of actual human existence.

The problem is that monetary gold can't do those things. Fixing our money to gold and amassing great stacks of it is no more a guarantor of sustained economic health than a witch doctor's potions. And, as with religion, what gold believers do can often resemble, in the eyes of the less devout, madness and destruction.

From the earliest days of the American republic, gold blinded men from seeing the financial realities around them. And it brought with it all manner of fraud and hope, by-products that are still with us today.

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Why are you reading gold books???
Are you starting to waver?
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