Medical Uses Of Gold
Gold is biocompatible, which just means that it isn’t toxic to the body. For that reason, it can be used for a variety of medical treatments, including drugs and implants of all kinds. In the early to mid 1900s, it was discovered that gold was an effective treatment for rheumatoid arthritis, because it is a great aid to the reduction of inflammation in the joints.
Medical implants also use gold in many occasions, since it doesn’t include a risk for toxicity and has a lower risk of infections. There are many different medical uses of gold, proving that it isn’t just for collecting and investing in things such as gold coins.
When it comes to medical implants, the gold is generally used in places that are at a higher risk of infection, such as the ear. It has also been used in other areas that are prone to infection, as well as serving a variety of uses in the medical world beyond implants. For example, gold is often used to treat prostate cancer, by helping to identify the size and position of the patient’s prostate during treatment. Small pieces of gold, about the size of rice grains, are used to find the prostate so that a more targeted dose of radiation can be given to the patient. Pace makers and insulin pumps also contain gold, because it has such a record of being highly reliable for electronic devices.
There are many different uses for gold, but the most cutting edge uses and research belongs to the cancer treatment area. Gold can be injected into the body and immediately travel to a cancerous area, which will allow doctors to treat these areas with anti-cancer compounds without having to treat the entire body. The newest research involving gold includes a study of how gold can bind anti-cancer compounds on their surfaces, carrying them through the blood stream and delivering them to the tumors. Once again, this allows for targeted treatments rather than full-body exposure.
Gold is such a biocompatible metal that it can be used for just about any medical need. Implants, cancer research and treatment, and even heart problems and diabetes all rely on gold for use in the various treatment products that are used. By taking the time to learn about gold and how beneficial it can be to the modern medical world, you might realize that it is much more essential to society than you originally thought. There are many uses for gold, and the medical world is not the only one taking advantage of this great metal. This is why gold will always be a great alternative investment to the stock market.
Joe Biden’s Insane Economic Advice
I wonder if the rest of us should follow the same thinking as Joe Biden when it comes to our personal finances. At a recent town hall style meeting with members of AARP the Vice President to attendees that our nation would go bankrupt if we didn’t pass a health care bill and that the only way we can keep ourselves from the bankruptcy stage is to spend more money.
Okay, let’s think about that for a minute. Suppose you are having trouble paying your bills because, just like the US Government, you have been completely irresponsible with your money. In other words, you’ve been spending more money than you make and let’s way it finally reaches the point that if you don’t do something you will go bankrupt. The question is what do you do, find a way to spend less money, a lot less, or instead, spend more money, a lot more money? What seems to be the smart choice?
If you said spend less money, then you made the right choice and are apparently smarter that the Vice President of the United States who made this statement at the previously mentioned AARP meeting,
“What are you talking about, Joe? You’re telling me we have to go spend money to keep from going bankrupt?’” Biden said. “The answer is yes, that’s what I’m telling you.”
I’m speechless! What if we all took that advice when faced with economic hard times? What kind of idiots does this current administration think they’re trying to lead in this country? Unfortunately a few people will probably buy into that kind of thinking and believe the only thing that can save us and avert economic collapse is for the government to take more of your money. If you believe that, at least ask yourself how that is supposed to become a reality when we’ve been spending money in all facets of our government for decades and the problem just keeps getting worse.
If you’ve dug yourself into a hole so deep you can’t get out of, the answer is not to keep digging the hole deeper. Brace for impact and buy some gold before it’s too late.
Is Gold Finally Headed For A Bubble?
With the United States and the world economy as well heading for a possible collapse or at the very least some serious trouble, many are wondering if gold will soon be experiencing a bubble and moving to an ever increasing price.
The main cause of this would be complete irresponsibility in the governments of the world, especially from the United States Government. With 2 economic stimulus packages under its belt that can never work and talk of another on the horizon, hardly any of our elected officials in Washington DC see the utter folly of trying to get out of debt by creating even more debt. Anyone with even an ounce of sense understands that you can’t pay off your bills by creating even more bills. This current financial thinking is spelling a fast track disaster for our nation.
Much of the smart investing public is seeing around this insanity and are buying gold coins, bullion, silver and other precious metals. Gold coin dealers and auction sites such as eBay are experiencing an upsurge in sales of these commodities. Gold has not always been the best investment because it has lost as much as 40% of its value in the 1980’s, but economic times are looking seriously different now and into the future of the world economy.
To finance the senseless stimulus packages, the Federal Reserve and other central banks of the world are creating liquidity by simply printing more money. Unfortunately they don’t seem to understand that every dollar they create out of nothing devalues every other dollar already in circulation. As all other dollars lose value this is essentially what causes inflation and results in higher prices. As prices go up gold becomes more valuable and the wealth you have invested in it is preserved.
As the gold bubble is created it is obviously smart to buy now and sell when the price reaches the top. That’s not always easy to do, but when people are employed, central banks stop printing money and the economy starts to really recover, not when President Obama just hopes and says it will, that will be a good sign the gold bubble is going to burst and it’s time to move back to cash. But, all indications are that isn’t going to happen for several years, at least not until the current financial wizards in Washington stop their orgy of irresponsible spending.