Kintsugi is the Japanese art of repairing porcelain and pottery with lacquer mixed with gold, silver, or platinum dating back to the 15th century. The broken piece is made whole again rather than thrown away. The mend is considered to enhance its beauty. A case of honoring the emergence from an emergency with a vein of a precious metal like gold.
As witnessed by the Venezuelan economic emergency caused by the downturn in oil prices, the downturn in the Chinese stock market, the tottering Italian banks, as well as the Central Banks in several other countries, gold is once again being used to make repairs. Countries who no longer valued gold to back their currencies because that would have kept them from printing more currency as a remedy for their debts, now want gold to perform a miracle for them.
Gold will work for those who own enough of it. There are no guarantees the monetary system which emerges will be the same as it was. Whatever happens, with gold and silver on call, the banking emergency will yield something stronger and more beautiful than we have.
We cannot fight what we can't see. It's like the frog in a frying pan on which the fire is turned up gradually. The frog doesn't realize he's in danger and dies. Everything I learn I share in social media. I don't want my associates to be frogs. My information about the detrimental effects of the downturn in oil prices was correct. My information is right about gold. You can't use it to hold your world together if you don't own any, or enough. Just look around.
Like health, car, or home insurance, I hope we don't need gold. My biggest hope is that we own enough should the time come.
No comments:
Post a Comment