GoldCore: Classic Christmas Film Lesson In Danger Of Exposing Wealth To Banking System

While visiting GoldSeek.com earlier tonight, the following article title jumped out at me:

“It’s A Wonderful Life Is A Wonderful Lesson To Hold Gold Outside of The Banking System”

Penned by the folks over at international bullion dealer GoldCore, the piece began with:

Frank Capra’s 1946 film It’s A Wonderful Life is one that many families will be settling down to watch this Christmas weekend. A story that is ultimately about a suicidal man is one of the most watched holiday films of all time…

There are some important lessons to be learnt from the film’s protagonist George Bailey. For us the main takeaway for cautious investors and savers is in reference to trusting banks and deposit companies with your hard earned cash.

It is a lesson on how exposing your wealth to various counterparties is exposing it to an incalculable level of risk. Furthermore it should be a lesson on the importance of having savings and learning how best to protect them…

(Editor’s note: Bold added for emphasis)

An interesting piece, which you can read here on GoldSeek.com.

By Christopher E. Hill
Offshore Safe Deposit Boxes (www.offshoresafedepositboxes.com)

(Editor’s note: A qualified professional should be consulted prior to making a financial decision based on material found in this weblog. If this recommended course of action is not pursued, then it must be understood that the decision is the reader’s and the reader’s alone. Christopher E. Hill, the creator/Editor of this blog, is not responsible for any personal liability, loss, or risk incurred as a consequence of the use and application, either directly or indirectly, of any information presented on the site.)

Share

Leave a Reply

Your email address will not be published.