07 April 2009

GOLD

For most people gold is an expensive ore people use for accesories, for investment and things like that, even before money there was gold that was precious and as we look at the history we see many things being used as worthy things in many places for trades, for example in ancient greece the spice black pepper was precious and was being used like money in trades but in time it lost the worth and there are many examples like that but as we look at history since even the ancient times gold is the only thing that didn't lose its worth, people tried everything they can to get it, alchemy so called science has been famous for ages, people used even human blood to be able to get gold so why gold is that much of a precious ore? Gold is the only ore that doesn't oxidate, an ore you can never produce out of anything else so that and many more reasons make gold precious so we buy gold for purposes i mentioned but there is one thing many don't know: GOLD BUYS MONEY IN THE FIRST PLACE!

Central banks produce and simply loan money to governments but an important point is that money is produced in exchange of gold, so as governments get in more dept they need more money wich causes more dept, they need to produce money so they need gold so they buy more gold from market to produce and give money to market but the matter is in a very long term there can be a lack of gold circulating around so u either have to take money and give gold but in time you'll need money again so will have to take gold out of market circulation again so in time you'll need more gold but there sure is a limited gold reserves on earth so sooner or later the economic system of the world will either fail or we'll need to look for new gold sources...

In the ancient times to worship gods we see people building altars and bestowing blood(blood alchemy) and gold to gods so why would gods want gold from people? In his Earth Chronicles series Zacharia Sitchin claims that the reason gods first came to earth to mine gold then created the human but his reasons weren't economical, so here as i mentioned before we are talking about a more civilized race that had much more progress in also technology and more... As i mentioned above we later will need outer sources for gold so what if a race more ahead than humanity needed an outer source for gold again for economical reasons and they chose earth for its rich reserves?

It may sound extreme but if we consider that in USA's future plans there is building magnesium mines on mars cause it has very rich reserves, building mines on another planet for much more precious gold doesn't sound that much of extreme at all!

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