God. If not there is God it will be immaterial if you lived your life sinfully or righteously. But if the God exists the difference will be deep. You will have salvation possibility if you lived an just life. But if you lived a peccaminosa life faced the damnation eternal. Useless to say the salvation he is preferibile to damnation. Pascal has abandoned the life, the philosophy and the mathematics of level and has become available in to monastery.11 its bet has been ridicolizzato in a religious context. But its conclusion that the best possibility is protect that which it from the terrible consequences is worth taken to edge. Pascal has been worried of damnation eternal. We are interested with poverty, affliction and even starvation for our families. If you possess l' bought gold as assurance you can sell them if the moment comes when you preview that the blue skies are with you for the rest of your life. L' assurance can even be free if you obtain more than it has cost in order to buy and to hold. If you obtain less, the loss will represent the cost of the emergency that has come with the possession it. Or, instead of sale, you could leg for testamentoare to yours eredi for their protection. An investment of the apt place Since a limited gold of the natural resources are a little one apt place that it invests l' occasion in the $150 giganteschi quintillion ponds of the fi assets.12 nancial since hard in order always and is not degraded, nearly all the 150 000 tons of gold has extracted from the days of the Pharaohs is still believed in order to exist in some place on the planet like monili, the ingot, the coins, manufatti or the refuse (in order to convert the tons in ounces, etc, sees page 275). If it renders fused in Florida to the closely accatastabili bars that all the fi t in a cube squared with approximately 18 tester sides. That one is all and the six sides the every short one approximately three tester of the length of to tennis court. Estimated to $600 a l' ounce the cube varrà approximately $3 trillions. The manufactured objects and the refuse dell' gold renders fused newly within the ingot constantly and behind trades them on the market. If the price is trying enough guesstimated that as well as how much the half of the world over the action of gold of grounding could ND of fi the relative posterior of sense or at the market and then accessible part to the investor.
This half includes l' gold in chain of refueling and fabrication of the suppliers of the monili and of others fabricators, the verga d' gold in the storage times has held for the national Ministry of the treasury, the central banks them, the organizations, the deep ones dell' gold, the companies and the individuals thus as the similar articles and staff the monili and ornament to it have maintained in scato them of sure warehouse, containers of jewel or under the mattresses. But without with regard to how much high the price dell' gold could scramble up l' other half the action of the world of extracted gold is not going to the ND of fi the relative sense of new at the market. This half comprises the national and artistic treasures, the religious manufatti ones, the appreciated capolavori of the monili, heirlooms and personal possessions. If immense-brushes the esteem are used over certainly, all l' gold to earth of which over in the potentially accessible world to the central banks them and to the investor is worth approximately $1.5 trillion.13 approximately 1% of the pond of the assets nancial of fi. The activities financial institutions are developing more to 7% l' all' year and 10 d and m. y s t f y n g t h as an example or l d p r the C and is previewed to catch up $200 trillions within 2010. L' mining extraction adds to only 2% - 2,5% l' all' year to the action of gold of the world. Within 2010 they can be worth $2 trillions. Still only approximately 1% of the assets nancial of fi.
In the course of the years the disparity in the rates increase and the law of the great numbers will increase cracks it between the value of the pond of fi total nancial the assets and the action of the gold world. The shortage maintains l' important gold. Various of money of paper it cannot be printed publication in order to order. The currencies of support from the precious metals or l' other species of the `has un' defective annotation of term in on worthy less and less in the course of the years and finally even concluding in on worthless. The dollar has lost more than 98% of the relative one purchasing power in twentieth century. Other important currencies have gone not more best. The university professor dell' economist of the Prize Nobel Robert Mundell says to us that currency erosion is nothing to report. After the king and other the rst of fi of the potentates he has introduced the coins as substitutes for the lingotti of precious metals over two millenia have ago not taken much before that they began to attenuate theirs to satisfy of the precious metals.
Mundell concludes `the popular wisdom that coins stamped era the rst of fi to the rm of confi their weight and thus it supplies a convenience for their objects is pure absurdity. the function more begins them dell' invention was profi t for the state'. The ancients, famous,
`it has soccombuto to the temptation scal of fi of substitution of the intrinsic money with the overhauled currency. But they have not known when to arrest itself. How far the precious metals could be replaced without to run the risk of ation of inconvertibility, of depreciation and the infl? ' 14 questions on the lines rather similar to those being asking news still on the dollar and sull' other fi to currencies. To square an appraisal circle the credentials of the sure port dell' gold in time of the ation of the hyperinfl is not in issue. But it is a myth that is always a sure port and always a good barrier against the ation of the infl. Less than the prices they are increasing fastly over the structures of reduced period can be a poor pointer of the ation and, if it is bought to a not realistic price, of it of the infl it cannot be a sure port. It considers the difficult situation of anyone that still it judges l' gold bought in 1980 in which speculative prices catapulted mania furious to the advanced peak to $850. Holding account only the consumer ation of the infl of prices will have need nearly $2000 of 2006 to recover the $850 paid ones in 1980, without any return on happens them for over a quarter of century. Nearly $10 000 will be necessary if, rather than a consumer price index, Dow Jones the average industrial is the comparative criterion. The Dow had closed place under 1000 of 1980 and advanced one to 23 000 in the end of 2007. L' gold observes still more like poor the relationship if the prices of the real estate to London, favorite California or other positions are used for the comparison. Beyond $25 000 or well necessary to bind together an expense of $850 of 1980. Since l' gold is a sterile good that not wage interest, does not render dividends and costs the money in order to maintain, is a circle of appraisal to square before that it can be characterized