As most economist will say, money is king. There is nothing that can’t be done as long as there is enough money to spend. Bill Gates is one of the richest men in the world with an accumulated wealth of nearly a hundred and fifty billion dollars. That is more than a lot of countries, and with that money he can literally buy anything on the market today. However, the economy can be quite fickle. There are many different currencies throughout the world, and their values are in a state of constant flux. But, there are two things that stay the same no matter where someone is or what currency they are using: gold and silver. There is a reason it is called the gold standard. No matter where it is traded, gold has, and will likely always have value.
Where does one find gold in modern society? The last major gold rush was decades ago, and it is hard to imagine yourself spending hours upon hours seven days a week panning the river bed for tiny little nuggets of gold. Leave the legwork to major mining corporations and take the easy way. Any town of reasonable size will have somewhere to buy and sell gold or other jewelry like a pawn shop, Damron’s Jewelry Guns and Pawn for example, or other small stores. Anyone could go Buy Gold & Silver in Amarillo, or in any other location.
Gold has been coveted since there have been techniques for mining it, or roughly the past five thousand years of human civilization. That has a lot of stability behind it from an economist perspective. When the market crashed in 2008, the value of many things fell with it. However gold is unique in the fact that it didn’t just survive the crash, it flourished. The jump in the value of gold was shocking and led to a massive rise in the number of people buying and selling gold. For an example, someone could Buy Gold and in Silver Amarillo at a lower price then hold on to it, letting the value increase, then either sell it at a higher price or keep it. This principle helped to stabilize the economy after the 2008 market crash.