by Swami B.G. Narasingha
"Gold is Gold" is a short article written by Śrīla Narasiṅgha Mahārāja for blog, narasingha.net, on June 7th, 2011. Mahārāja speaks about the actual value of gold and how paper money has no true value.
A friend commented to me recently that the price of gold had gone very high. I responded by say, “No, I don’t think so. The price of gold is the same that it has always been. It takes one ounce of gold today to purchase one ounce of gold and that is the way it has always been.”
My friend looked at me as though I was being a little eccentric. “But,” said I, “If you are talking about buying gold with paper then you better have a bundle handy. For one ounce of 24K gold today cost $1545 USD. And if you want to purchase that gold with basmati rice then you will need about 1500 kilos of rice for one ounce of gold.”
Gold is gold — always has been, always will be. It is the paper that is becoming worthless, not the gold that is becoming expensive. Presently paper money is worth less than ever before in human history.
Two things to remember, as my Guru Mahārāja once said, “Gold is money, and cows and land are real wealth.”
More Articles by Swami B.G. Narasingha
The Importance of Mahāprabhu
“The Importance of Mahāprabhu” is a previously unpublished article written by Śrīla Narasiṅgha Mahārāja in 1998 in response to a question concerning the divinity of Mahāprabhu in regards to the verse ‘ārādhyo bhagavān vrajeśa tanayas.’ This article ends abruptly, so it is possible that Śrīla Narasiṅgha Mahārāja never completed it.
Gold is Gold!
"Gold is Gold" is a short article written by Śrīla Narasiṅgha Mahārāja for blog, narasingha.net, on June 7th, 2011. Mahārāja speaks about the actual value of gold and how paper money has no true value.
Scholarship vs Divine Revelation
‘Scholarship vs Divine Revelation’ was first written by Swami B.G. Narasingha in December 2002. In this article Narasingha Maharaja defends the reputation of Śrīla Bhaktivinoda Ṭhākura from a scholar who claims that some of the works of the Ṭhākura are ‘pious forgeries.’