Gold is a critical part of your financial portfolio. This is because gold is money. Gold is money because it is the only thing that consistently holds its value over long periods of time. The best way to understand this is to compare gold not to any financial asset like stocks, real estate, or cryptocurrency. Gold out performs OTHER currencies. By other currencies I mean fiat (issued by decree) currencies like the Yen, Euro, Lira, Bolivar, Dollar, etc.
You could not describe to me any scenario where I would tell you that it would be smart to NOT hold any gold. I strongly believe that holding some gold adds a stability to your portfolio you cannot get anywhere else.
So when is the ONLY time I would not want to hold any gold??
When it looks like this:
Gold melts at:
1,948°F
1,064°C
...and you wouldn’t want to be holding it during that time.
http://www.999gold.ru/news/view/704
Game of thrones fans can confirm this. There was an episode in Game of Thrones called “A Golden Crown.” Sounds great right? https://en.m.wikipedia.org/wiki/A_Golden_Crown
Trust me, this is only time you don’t want one of these:
When gold looks like this:
https://sciencing.com/can-melt-gold-propane-7157.html
It is the only time I will tell you to stay away.
On the other hand....
I’m defintely not opposed to some gold nachos!
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To find out more about what Menē 24 karat gold and platinum investment jewelry is from your fellow Steemians :
https://steemit.com/steemit/@goldmatters/what-in-the-world-is-mene24k-35-well-researched-blog-style-essays-contest-winners
Or
https://steemit.com/mene24k/@goldmatters/what-is-mene-24-karat-platinum-and-gold-jewelry-valentine-s-day-gift-winner
To find out more about what Goldmoney is from your fellow Steemians : https://steemit.com/contest/@goldmatters/what-in-the-world-s-goldmoney-winners
To sign up for a Goldmoney Holding start here: https://www.goldmoney.com/w/goldmatters
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I am on a personal mission to spread the word about Goldmoney and Menē through any means necessary. Goldmoney allows individuals to empower themselves by protecting their savings by owning small or large amounts gold previously inaccessible to regular people like you and me.
All images sourced from Menē and Goldmoney.
Read more about Goldmoney: https://steemit.com/@goldmatters
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Source: https://steemit.com/dlive/@gringalicious/affe1f70-6a13-11e8-8c69-9334a80daafd