Gold, a Friend or Enemy?


Gold, a Friend or Enemy?

In today’s fashionable world, whenever we buy anything, the first instruction which is written on shop is “Fashion ki daur mein guarantee ki umeed na kare”. But, when we talk about our Investment, we search for only that product which gives us Guaranty, Warranty & Long-term Appreciation. And the only thing which gives all is "Gold". Why Gold?

 
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Gold, a Friend or Enemy?

Once a teacher asked a student: where was “I love you” originated?

Student: China

Teacher: Why?

Student: Kyunki isme saare Chinese features hain; No guarantee, No warrantee… “Chale to Chaand tak nahin to shaam tak.”

The logic is very right. In today’s fashionable world, whenever we buy anything, the first instruction which is written on shop is “Fashion ki daur mein guarantee ki umeed na kare”.

But, when we talk about our Investment, we search for only that product which gives us Guaranty, Warranty & Long-term Appreciation.

And the only thing which gives all is “Gold”.

Why Gold?

Firstly, There is a famous saying  “ a friend in need is friend indeed ”. In financial terms we can say,” A Financial Asset in need is financial asset indeed”.

Now, Gold is the only financial asset available which has prevented us in times of Crisis; whether its Economic crisis, Currency failure, Stock market crash or Inflation.

If we go in past and check whether it was Harshad Mehta Scam in 1992 or crash in Indian stock market due to US Financial crisis in 2008, Gold has always served as true asset and skyrocketed in times of danger.

Secondly, Can you think about any asset which has existed from past 5000 years & will continue to exist for next 5000 years!!!

If you are a smart investor, you already know the answer. Yes Gold is time tested. None of the other asset classes whether shares or bonds or any currency in the world has existed for more than 500 years.

Borrowers can default, Dollars can collapse, Companies like Satyam and Lehmann Brothers can come & go, but gold is always there for you. It is still halfway through its age and still has good potential to make you wealthier.

If you want to leave Legacy (Viraasat) for your generations to come, then don’t think, don’t wait…..just Rush & buy Gold!Gold, a Friend or Enemy?

The Purpose of writing this blog is to share some different views about: Why Gold is your Friend… But can it act as Enemy as well! hmm enemy…. sounds strange. To find out, wait for our next series on MARG Jugaad: Ideas to make your life simpler & wealthier…. till then keep reading.

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