Gold is Where yo Find It

There are many ways to own gold, many forms:too far and too hard to get to, but when the cry of
jewelry, bullion, coins, mutual funds, gold mining'gold' went up thousands made the journey to strike
stocks (indirectly) and ETFs (Exchange Tradedit rich. One enterprising man in San Francisco found
Funds). The latter are similar to mini mutual funds, butout about the strike and did not head for the
usually have few stocks and they remain constantAmerican River to pan for riches. He bought up
rather than have internal trading as mutual funds do.every pan, pick and shovel in town and them went
So you can own gold. So what? Why bother whenout to spread the word. The pans he paid 15 cents
it does not pay any interest or pay any dividends?for he resold for $15. In a week he made $36,000. In
What is interesting to note that one ounce of goldthose days that was big, big money.Without gold I
today will buy the same amount of goods as it diddon't think there would be an American California
100 years ago. That item in 1906 might have beentoday as it was claimed by Mexico.Alaska is another
$1.00 and today the same item would be priced atterritory that brought the dreamers and schemers
$100, but when translated into ounces of gold thebecause of the lure of gold. Good digs were
weight is the same.Doesn't that make you wonder?uncovered in 1949 and more in 1914. Thousands
That is inflation at work. Gold is inflation proof. Mancame to remain and settle this seemingly desolate
has had an ongoing love affair with gold since timecountry.Men continue to search the planet for this
began. Every culture has valued it.Columbus didn't setelusive golden maiden. Very few find it. Others
out to find America. He came looking for gold.Gold isbecome entrepreneurs who make their fortune from
the only real store of wealth not the paper we callthe gold seekers.How you seek your wealth is an
money. Dollars have depreciated about 50% in valueindividual choice, but the wise ones who do strike it
over the past 18 years. It is hard to realize as itrich convert some of the new found riches into the
sneaks up on us that each day that our dollars aregolden metal to protect their wealth from the
worth less in purchasing power. Wealth is purchasingattrition of inflation.Al Thomas' book, "If It Doesn't
power.The Federal government prints money thatGo Up, Don't Buy It!" has helped thousands of people
has no backing other than their word. Each dollar ismake money and keep their profits with his simple
watered down as the printing presses turn. Every2-step method. Read the first chapter at and
war is financed with paper money not gold. If warsdiscover why he's the man that Wall Street does not
were financed with gold there would be fewerwant you to know. Copyright 2006 All rights
wars.People were not interested in California. It wasreserved.