Gold vs A Fox – An Amusing Read
There are many comparisons that often occur in the marketplace that involve gold. For instance you can compare one ounce of gold vs dollars. Or you can compare the cost of purchasing a share of each of the 30 Dow Jones stocks in ounces of gold, this comparison gives a gold vs Dow Jones result. Gold can be valued against silver, giving a silver to gold ratio that can be useful in prognosticating gains. In this blog article however, we are going to compare gold to a fox.
The old saying “Crazy like a fox†definitely has its merits to this day. Foxes are still cunning, and while you may have an idea of what a fox is going to do, you never know when or where the fox will do it. Gold can be somewhat similar in this respect, and at times, those who hold physical gold have made out like a financial fox when others end up frying more like a financial chicken.
Ways That Gold And A Fox Are Similar.
Foxes come in different sizes. The smallest fox is the Fennec fox. A fully grown Fennec fox will weigh in at about three pounds. This little fox lives in the Sahara Desert region of the World and has adapted specifically to deal with the heat. The Fennec fox uses its large ears to dissipate heat. Gold comes in different sizes from dust to bars that weigh more than a Fennec fox. Gold melts at 1945 degrees Fahrenheit or 1063 degrees Celsius. A fox of any type is not designed for these temperatures.
A fox has an interesting and playful nature to it. If you have ever had to do battle with a fox, say to keep your chickens in the hen house where they properly belong, then you know a fox can be downright cunning and keen minded a capable of great physical ability. Gold shares these traits. It can be up nearly a hundred dollars an ounce in a few days, and it can set market records when every other commodity or currency is stalled or crashing. If you try to out-move gold, you will need fox cunning.
Foxes are loners and they prefer a solitary lifestyle. They do well as units, but quite often you will find a fox by itself. Gold, likewise, is a type of financial loner. Because the precious metal is a currency and a physical asset that does not need a bank or government to give it value, gold is unlike almost all other investments, kind of like a lone sly golden fox, if you will.
There are common types of foxes, like the Red fox, and there are types of foxes that are less common, like an Arctic fox. There are common golden products that are called bullion primarily because they are produced by private mints. Less common are golden coins that are produced by government mints, and finally the most rare golden coins are usually Antique currency coins like the Saint-Gaudens Twenty Dollar Double Eagle and the Twenty Dollar Liberty Double Eagle.
Ways That Gold And A Fox Are Different.
It is said that a fox will use the magnetic field of the Earth to navigate and hunt by, as well as other fox activities. Gold is not magnetic. The metal will neither tarnish nor rust, and Au can easily conduct electrical current. Gold also makes great wire and can be pounded into very thin sheets. These are not attributes that are normally associated with a fox of any type.
Apparently Foxes Floof. This Fox Has 12 Million YouTube Views For Floofing. Gold Does Not Floof.
A fox is a good parent. While the fox will generally spend most of it’s life traveling and living in a solitary manner, when a fox is in a family way, it will band together with it’s mate and offspring in a unit that is referred to as either a “leash†of foxes or a “skulk†of foxes. Gold has no parental inclinations whatsoever. The precious yellow metal does not reproduce. When gold does pile together, like a leash or skulk of foxes, it is then referred to as a “fortune†or perhaps more formally, a “reserveâ€.
The Arctic fox has unique fur and hair, along with acquired body traits that allow it to thrive in temperatures well below freezing. In fact the Arctic fox is said not to even shiver until it encounters temperatures of -90 degrees Fahrenheit. Yeah -90 degrees Fahrenheit. However, if you think that is impressive, then consider that gold does not shiver at any temperature, ever. Advantage Au.
So, as you can see gold and a fox have some things in common, but they are surely different animals. If you would like to acquire gold coin or bars, please consider ITM Trading for your purchase. If you would like to acquire a fox, best of luck.
We believe that everyone deserves a properly developed strategy for financial safety.
Lynette Zang
Chief Market Analyst, ITM Trading