Will work for gold!
Who wouldn’t right? I don’t know about you, but I would work even harder for some gold than I would for dollars, knowing the Federal Reserve isn’t going to inflate the value of my gold away by 2% or more every year.
Well, apparently people aren’t the only organisms that know the value of gold. Scientists have discovered a bacterium that will work for us and actually help us create energy. But you have to pay it in gold.
People love to cover things with gold. It’s pretty. But more than that, gold makes things more valuable.
In past Fun on Friday columns, I’ve highlighted some of the stuff people have coated with gold including earbuds, Nikes, a hairdryer, chicken wings, and soap. Well, this week I’ve got another for you, but I’m going to confess up front – this one annoys me.
The capitol dome in Denver Colorado was recently restored and covered with about 65 ounces of .9999 pure gold. Yup. They put gold on the roof of a government building.
Are you an audiophile? Do you want your music to sound like gold? I’ve got just what you need. Gold earbuds.
No. No. No.
I don’t just mean gold colored earbuds. I mean earbuds covered in actual gold.
I’m a pretty cynical person. And I don’t really trust people. To call me skeptical would be an understatement. I’m the guy who wastes time Googling an even slightly sketchy sounding story posted on Facebook to see if it’s really true. So, I don’t think I would be very easy to scam.
Now, I’m not arrogant enough to think it could never happen. I’m sure there are ways I could be fooled. But I still find it really difficult to understand how some of these scammers ever make a dime. I mean, who actually believes that Nigerian prince is going to send them $8 million? Who actually goes to Target to buy gift cards to send to the Indian IRS agent? (Yes. That is a thing.) And who goes to a storage facility to buy cheap gold?
That last one … It just happened.
OK. Here’s a dilemma for you. Should I burn my gold Nikes?
Of course, this is merely a theoretical question. I don’t own gold Nikes. But I could, for a mere $3,500. Yes. Genuine, gold Nike shoes. So, if I did, would I feel any compulsion to burn them?
Well, I can answer this question with an emphatic, “No!”
How do you turn a mundane $20 bathroom appliance into a luxury item that will set you back $500?
Put some gold on it.
That’s exactly what Dyson has done. No joke. The iconic (meaning overpriced) vacuum cleaner company has developed a hairdryer gilded with 23.75-karat gold leaf.
How would you like to own a silver Rolls Royce?
I mean literally silver.
Now’s your chance.
The classic luxury car company is rolling out a limited-edition commemorative Silver Ghost – with actual silver incorporated into the design. As the AutoBlog put it, the four-door Rolls features judicious use of the precious metal.
Paul Krugman said gold is dead. In fact, “Bitcoin has more utility than gold,” according to the popular lefty economist.
Krugman made the comments at ChainXChange, a blockchain artificial intelligence and innovation conference in Las Vegas.
I was on vacation last week, so there wasn’t any Fun on Friday. But I am back, and I have some really fantastic news for you – especially if you live in Venezuela. And even if you don’t reside in that South American hell-hole, you’ll want to keep reading because the ramifications here are huugggee!
Venezuela President Nicolas Maduro fixed the country’s hyperinflation problem.
Not too long ago, my wife came home with two big flats of Powerade.
We didn’t need Powerade. We had plenty.
And yet I praised her for her shopping prowess. Why? Because she got the stuff dirt cheap and we’re going to need more Powerade down the road.
Smart shoppers look for bargains. And right now, gold is a bargain. If you’re a smart shopper, you’re going to want to take advantage of this.