2023-07-12 00:00:00 / episode: 177



"Gold, isn't it a beautiful thing? Well, I suppose most people think it's beautiful but not everybody myself included.

My dad had a gold wedding ring and, you know, I looked at it, it was fine on him.

But when I looked closely at the gold, I didn't really care for the color and I don't like to wear gold myself.


It's not a beautiful color in my mind.

It's kind of old and shabby looking.

If you ask me, I can't understand why people like it but people love gold.

It's soft and it's easy to work with.

You can easily get gold out of the rock that it's in.

Now that's the other side of the coin.

It's hard to get the rock that it's in because gold is rare because gold is so rare.

It's precious and valuable.

Well, no, that's not quite true.

It's, it's precious and valuable because it's rare and people like it, it's good for making jewelry.

But a lot of people like gold as an investment, they want to own the gold.

Now, that's the funny thing about gold.

A lot of people think if you have lots of gold, you're rich.

But in fact, gold isn't a really good investment.

It doesn't become more valuable over the course of 200 years.

Gold hasn't really changed its value, ok? However, it kept its value, which is why investors really, really like this stuff.

If you buy lots and lots of gold and the market goes up or goes down or the money that for the country you're in goes up or goes down from inflation, gold keeps its value.

So whatever value you have, it's gonna stay the same in that sense, gold is a very, very safe investment.

It's not aggressive or risky, it's really, really safe.

And gold is also really, really valuable for use in electronics because of some of its properties.

It's really good at conducting electricity.

So gold is like a good thing to have if you can get gold, I recommend you do.

So what do you think? Do you like gold?"