Owning gold during a depression will give you an upper hand because gold has always held a high value and worth. Whereas money such as the dollar, if a depression were to occur then its value and worth would deflate and it wouldn't help as much as gold would.
gold
Gold
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yup gold is strong that's why they used to fill in your teeth with gold its also a good conductor of electricity(:
I don't think it does, if you don't think we are not in a depression now. What do you call a depression? We are in a depression now. This depression may be worse than the Roosevelt depression. General Motors just went bankrupt. So did Chrysler. Big banks have failed. The main difference in the Roosevelt depression and the Obama depression is, this time Obama may collapse the dollar and bankrupt the US government. Roosevelt stole the peoples gold. I know, you think that must be a lie. Right? Look it up. What is it that Obama wants to steal? My guess is your IRA account. We will see. I hope you didn't have any General Motors stock in your IRA account.
Land + Gold += Power
Owning a gold bicycle can be a status symbol and a unique fashion statement. It may also be more durable and resistant to corrosion compared to other materials. However, it is important to consider the cost and potential theft risk associated with owning a valuable item like a gold bicycle.
Gold!
The fact of the matter is that gold stocks are stocks first and gold second. Owning gold stock is much the same as owning any other type of stock. It should be noted that during periods of major downturn in the stock market gold stocks will generally fall just as other stocks do.
Gold.
gold
Great Depression
It ended the 1840s depression.
No treaty started or ended the Great Depression. The depression years were an economic event that worsened with the world's rigid adherence to the gold standard behind major currencies. Its devastating effects began to soften and disappear with the worldwide devaluations of currency in terms of its backing by gold. In fact, during the depression years, every major currency abandoned convertibility to gold.
Yes. I make $82,100/year owning a gold farming company on runescape.
It ended the 1840s economic depression.
China won 38 Gold Metals and 88 total including 27 Silver 23 Bronze