If you were to ask any of the Olympians what the cost of gold is, what kind of answer do you think you would get? Some might say a lot of training, but it’s so much more than that. It’s time, it’s heart and soul, and it’s passion.
So, what is the true cost? Is it blood, sweat, and tears? Maybe. Well, in fact it is. However, what is the cost of gold as it relates to our market today? Ah, now we’re getting somewhere. Let’s talk about the true cost of this precious metal in terms of dollars and how it’s affecting our country.
The Cost of Gold Goes Day by Day
Just in case you didn’t know, the gold markets fluctuate daily. The markets have been so volatile, that it’s hard to predict from day to day where the prices will be. If only we had that crystal ball to make that prediction!
That certainly isn’t the way things work, and they don’t when it comes to money. However, one thing that you can be sure of is that the cost of gold will go up as does the price. With the value of the US dollar going down, it only makes sense that the price of gold would go up right?
Watching the news is always a good indicator, as well as keeping up with anything that is related to the economy directly, including the gold markets and the price of silver. You can watch Wall Street too, but it’s pretty corrupt! What else is new right?
Does the Cost of Gold Affect Our Future?
What most people want to know is, does the cost of gold affect our future? Yes it does. The cost of gold affects us from the standpoint that we need to be mindful of what we spend, and how we spend it. Inflation is coming, and it has been coming down the pike for some time.
In fact, with the printing of money during quantitative easing, it seems that it has caused us major hyperinflation jitters. Why? Our government decided to print money that just wasn’t there, but it has to be backed in some way. Although in theory turning on printing presses sounds like a novel idea, it just isn’t!
So, with the debt and the value of the US dollar going down, the only thing that will happen is that the price of gold will go up. In the meantime, we are watching the price of coffee, groceries, energy, and everything else go up, higher and higher every month.
At a time like this, how can we not worry about what things will cost? Is it any surprise that the cost of gold will rise too?
Don’t Let the Cost of Gold Tell You That There is a Perfect Time to Buy Gold
Okay, so now that the price of gold has gone up, you feel that you just can’t buy. What happens a year from now when it goes up over $2000 per ounce? What will you do then?
Don’t wait forever, because the cost of gold isn’t going to be any lower in the end.
Are you ready to prepare for your future when the money runs out? CLICK HERE now to learn more about the significance of the cost of gold, and you will be well on your way to a better financial future.
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