{"id":15104,"date":"2014-07-19T16:48:12","date_gmt":"2014-07-19T13:48:12","guid":{"rendered":"https:\/\/add-energy.ro\/lesson-about-the-economy-what-we-are-doing-with-the-money-gold-is-the-refuge-of-stupid-ones\/"},"modified":"2014-07-19T16:48:12","modified_gmt":"2014-07-19T13:48:12","slug":"lesson-about-the-economy-what-we-are-doing-with-the-money-gold-is-the-refuge-of-stupid-ones","status":"publish","type":"post","link":"https:\/\/add-energy.ro\/en\/lesson-about-the-economy-what-we-are-doing-with-the-money-gold-is-the-refuge-of-stupid-ones\/","title":{"rendered":"Lesson about the economy, what we are doing with the money? Gold (is the refuge) of stupid ones ?"},"content":{"rendered":"

\n\t \n<\/p>\n

\n\tIt was only<\/span> a few days<\/span> a<\/span> agency<\/span> brokerage<\/span> from us<\/span> called me<\/span> offering<\/span> me<\/span> "<\/span>enrichment<\/span>"<\/span> if I<\/span> agreed to<\/span> invest<\/span> in<\/span> …<\/span> gold.<\/span>\n<\/p>\n

\n\t \n<\/p>\n

\n\tGold is<\/span>,<\/span> in<\/span> their view<\/span>,<\/span> the ultimate<\/span> refuge<\/span>, the currency<\/span> that<\/span> you<\/span> WARRANT<\/span> perpetuation of a<\/span> higher<\/span> standard of living<\/span>,<\/span> or<\/span> even<\/span> maintaining a<\/span> certain<\/span> limited survivability<\/span> in<\/span> all conditions.<\/span><\/span>\n<\/p>\n

\n\t \n<\/p>\n

\n\tI've always<\/span> said<\/span> and wrote<\/span> that gold is<\/span> just<\/span> a bluff<\/span> corporate<\/span> a<\/span> cheap<\/span> bad thing<\/span> from<\/span> the same category<\/span> to invest<\/span> in<\/span> sub-prime<\/span> and<\/span> those<\/span> guaranteed<\/span> 100%<\/span> AAA<\/span> …<\/span><\/span>\n<\/p>\n

\n\t \n<\/p>\n

\n\tHow<\/span> AAA<\/span> are actually<\/span> seen in<\/span> 2008, but<\/span> returning to<\/span> gold<\/span>, this is just<\/span> a<\/span> speculative<\/span> way<\/span> of making money<\/span>,<\/span> not recommended<\/span> for those who<\/span> do not<\/span> know<\/span>, but generally<\/span> speaking<\/span> gold<\/span> is it worth<\/span> about as<\/span> much as<\/span> dollars<\/span> or euros<\/span> , that<\/span> has no value<\/span> by itself<\/span>,<\/span> but only has<\/span> psychological<\/span> value<\/span> on<\/span> supply and demand and<\/span> the<\/span> stupidity<\/span> of<\/span> …<\/span> smart<\/span> analysts<\/span>.<\/span> Gold is<\/span> really just<\/span> another currency<\/span> that has value<\/span> only<\/span> as long as<\/span> the monetary<\/span> and banking<\/span> system<\/span> stand<\/span>.<\/span><\/span>\n<\/p>\n

\n\t \n<\/p>\n

\n\tAs there is<\/span> inflation<\/span> in<\/span> any<\/span> currency, also <\/span> gold<\/span> can have<\/span> inflation<\/span> and lets give you<\/span> an example<\/span>.<\/span> The price of a<\/span> product<\/span> is generated by<\/span> its<\/span> scarcity<\/span>,<\/span> the balance between<\/span> supply and demand,<\/span> only<\/span> depends on the product<\/span>.<\/span> If<\/span> you let<\/span> a good citizen<\/span> in<\/span> full<\/span> desert<\/span> with<\/span> ten<\/span> pounds of<\/span> gold,<\/span> after less than<\/span> 24 hours<\/span> you will find<\/span> that whatever<\/span> stock exchange<\/span>,<\/span> our good<\/span> citizen will<\/span> be more than<\/span> willing to buy<\/span> a liter of water<\/span> with<\/span> 10 kg<\/span> gold<\/span>.<\/span>\n<\/p>\n

\n\t \n<\/p>\n

\n\tWhat I want<\/span> to emphasize<\/span> is that<\/span> the true values<\/span> \u200b\u200bfor the<\/span> country and<\/span> economy<\/span> are<\/span> some things<\/span> that God<\/span> has given them<\/span> for free,<\/span> as<\/span> everything<\/span> really good<\/span> and<\/span> worth<\/span> in this world<\/span>:<\/span> good<\/span> soil<\/span> for<\/span> agriculture,<\/span> drinking water<\/span> and<\/span> irrigation<\/span> materials<\/span>.<\/span> How<\/span> is it worth<\/span> gold<\/span> in<\/span> relation to<\/span> black<\/span> chernozem,<\/span> with<\/span> water from<\/span> a river,<\/span> with<\/span> iron,<\/span> bauxite<\/span>,<\/span> with<\/span> rare<\/span> minerals<\/span>,<\/span> with a handful of<\/span> antibiotics<\/span>?<\/span> NOTHING<\/span> .<\/span><\/span>\n<\/p>\n

\n\t \n<\/p>\n

\n\tYou can not eat<\/span> gold,<\/span> you can not<\/span> drink,<\/span> you can not<\/span> turn into<\/span> tractors<\/span>, aircraft<\/span>, vehicles,<\/span> even as<\/span> dollars or euros<\/span> can<\/span> not<\/span> turn into<\/span> anything else.<\/span> In<\/span> the event of a<\/span> major economic crisis<\/span>,<\/span> in which the entire<\/span> social and economic<\/span> infrastructure<\/span> would collapse<\/span>,<\/span> the value of gold<\/span> would be<\/span> equal to<\/span> the value of any<\/span> other<\/span> so-called<\/span> strong<\/span> currencies<\/span>, is<\/span> equal to<\/span> zero<\/span>, because<\/span> the "value"<\/span> of gold is<\/span> really just a<\/span> Convention<\/span> more<\/span> than<\/span> one<\/span> human and<\/span> natural<\/span>.<\/span><\/span>\n<\/p>\n

\n\t \n<\/p>\n

\n\tBy<\/span> natural<\/span> means<\/span> the need<\/span> to<\/span> value<\/span> human life<\/span> of that product<\/span> \/<\/span> resource<\/span> and<\/span> that<\/span> can not be<\/span> substituted<\/span> with something else<\/span>, or<\/span> gold<\/span> has<\/span> obviously<\/span> irrelevant to the<\/span> life of a<\/span> person<\/span> other than<\/span> the<\/span> mutually agreed<\/span>, as<\/span> any<\/span> currency<\/span> national<\/span>.<\/span><\/span>\n<\/p>\n

\n\t \n<\/p>\n

\n\tThe future will not<\/span> belong to<\/span> the person who<\/span> has<\/span> the gold<\/span> –<\/span> as<\/span> he<\/span> never belonged to<\/span> –<\/span> but<\/span> the man who<\/span> owns<\/span> natural resources<\/span> and knowledge<\/span> \/<\/span> technology<\/span> on which<\/span> they<\/span> can feed<\/span> the population<\/span>,<\/span> can<\/span> dress<\/span>,<\/span> with which<\/span> can<\/span> to sustain<\/span> the industry.<\/span><\/span><\/strong>\n<\/p>\n

\n\t \n<\/p>\n

\n\tYou can not<\/span> burn<\/span> gold<\/span> in<\/span> boilers<\/span> of<\/span> power plants,<\/span> you can not<\/span> turn into<\/span> bread<\/span> or milk<\/span>, so<\/span> investing in<\/span> gold,<\/span> the last<\/span> and most<\/span> trusted<\/span> insurance policy<\/span> disaster<\/span> is stupid<\/span>.<\/span> The price of gold<\/span> is given by the<\/span> stupidity<\/span> of the masses<\/span> and<\/span> the<\/span> rarity<\/span> of this<\/span> metal,<\/span> but<\/span> economically<\/span>, silver is<\/span> much more<\/span> important,<\/span> its industrial<\/span> and medicinal<\/span> applications<\/span> than<\/span> sinner<\/span> yellow metal<\/span>.<\/span><\/span>\n<\/p>\n

\n\t \n<\/p>\n

\n\tBut I see<\/span> that some<\/span> people<\/span> still<\/span> hold<\/span> good a<\/span> one<\/span> and<\/span> loud<\/span> invest<\/span> in<\/span> gold<\/span> – we guarantee<\/span> success<\/span> even in<\/span> the afterlife<\/span> !<\/span>?<\/span> Well<\/span> catastrophe<\/span> would<\/span> prefer<\/span> a small<\/span> house<\/span> in the mountains<\/span>,<\/span> a few<\/span> goats<\/span> and sheep<\/span>,<\/span> a source of<\/span> clean water and<\/span> a few<\/span> acres of<\/span> arable land,<\/span> only<\/span> 50<\/span> kliograme<\/span> gold<\/span> and a villa<\/span> in<\/span> downtown<\/span>.<\/span>\n<\/p>\n

\n\t \n<\/p>\n

\n\tAs<\/span> economically speaking<\/span>, gold<\/span> is also<\/span> subject to<\/span> inflation,<\/span> as<\/span> any other currency<\/span>.<\/span> On the one hand<\/span> automatically generates<\/span> administered<\/span> prices<\/span> inflation<\/span> and<\/span> generates the<\/span> bad<\/span> agricultural year<\/span> increases<\/span> in food prices and<\/span> inflation<\/span> in general<\/span> if you<\/span> have<\/span> money<\/span> and<\/span> gold<\/span>.<\/span> Advice<\/span> to invest<\/span> in<\/span> gold<\/span> has<\/span> the same value as<\/span> advice to<\/span> buy<\/span> Swiss francs<\/span>, but in the<\/span> case of<\/span> general<\/span> misunderstanding (eg<\/span> droughts<\/span> global<\/span>)<\/span> value of these<\/span> two currencies<\/span>, considered<\/span> strengths,<\/span> will disappears<\/span> in<\/span> a few days.<\/span><\/span>\n<\/p>\n

\n\t \n<\/p>\n

\n\tWho<\/span> does not think<\/span> to read<\/span> reviews<\/span> about the<\/span> sieges<\/span> of<\/span> cities<\/span>  (<\/span>Leningrad<\/span> being the<\/span> case<\/span> recently<\/span> resembled )<\/span> and there you will<\/span> notice that<\/span> a pound of<\/span> flour<\/span> was<\/span> considered more<\/span> valuable than<\/span> gold<\/span> one<\/span>,<\/span> after<\/span> a while<\/span> of course<\/span> necessary<\/span> for people to<\/span> remember<\/span> about<\/span> the really important things<\/span> in<\/span> life<\/span>.<\/span><\/span>\n<\/p>\n

\n\t \n<\/p>\n

\n\tSo<\/span> do not invest<\/span> in<\/span> gold<\/span>, as<\/span> I do not recommend<\/span> you to invest<\/span> in<\/span> the<\/span> stock market<\/span> generally<\/span>,<\/span> unless<\/span> you're good<\/span> at<\/span> these little<\/span> scams<\/span> really<\/span> legal<\/span>.<\/span><\/span>\n<\/p>\n

\n\t \n<\/p>\n

\n\tKeep the<\/span> money that<\/span> you have in<\/span> the bank<\/span> or<\/span> buy<\/span> agricultural land,<\/span> even<\/span> real estate<\/span>,<\/span> for<\/span> now<\/span> prices are<\/span> extremely low<\/span> and even if<\/span> not<\/span> to much to<\/span> buying<\/span> an apartment<\/span>, you will<\/span> still<\/span> always have available<\/span> even<\/span> a house,<\/span> but<\/span> advice<\/span> my<\/span> buying<\/span> farmland<\/span>,<\/span> woods and<\/span> lakes<\/span>, because<\/span> in<\/span> 10-20 years<\/span> the demand for<\/span> land and<\/span> clean water<\/span> may<\/span> be related<\/span> more with<\/span> survival<\/span> and less<\/span> profit.<\/span><\/span>\n<\/p>\n

\n\t \n<\/p>\n

\n\t \n<\/p>\n

\n\t \n<\/p>\n

\n\t \n<\/p>\n

\n\t5 reasons why you can become an Add-Energy Renewable Romania PARTNER<\/a><\/span><\/span> <\/span><\/span> <\/span> <\/span><\/span><\/span><\/span>\n<\/p>\n

\n\tTo register your Company as ADD ENERGY PARTNER , please access   \"register_now_2\"<\/a><\/span><\/span> <\/span><\/span> <\/span> <\/span><\/span><\/span><\/span>\n<\/p>\n

\n\tFor other informations click to \"Contact-Us\"\n<\/p>\n

\n\t <\/p>\n","protected":false},"excerpt":{"rendered":"

  It was only a few days a agency brokerage from us called me offering me "enrichment" if I agreed to invest in … gold.   Gold is, in their view, the ultimate refuge, the currency that you WARRANT perpetuation of a higher standard of living, or even maintaining a certain limited survivability in all … Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32,251,250,31],"tags":[],"class_list":["post-15104","post","type-post","status-publish","format-standard","hentry","category-informatii-din-presa-nationala","category-local-press-release","category-news","category-stiri-utile-noutati"],"_links":{"self":[{"href":"https:\/\/add-energy.ro\/en\/wp-json\/wp\/v2\/posts\/15104","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/add-energy.ro\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/add-energy.ro\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/add-energy.ro\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/add-energy.ro\/en\/wp-json\/wp\/v2\/comments?post=15104"}],"version-history":[{"count":0,"href":"https:\/\/add-energy.ro\/en\/wp-json\/wp\/v2\/posts\/15104\/revisions"}],"wp:attachment":[{"href":"https:\/\/add-energy.ro\/en\/wp-json\/wp\/v2\/media?parent=15104"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/add-energy.ro\/en\/wp-json\/wp\/v2\/categories?post=15104"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/add-energy.ro\/en\/wp-json\/wp\/v2\/tags?post=15104"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}