Ghostbusting the GLD Ghost with Mene 24k
There are a few differnt GLD’s we talk about here on Steemit.
One of my least favorite is the SPDR gold shares. It’s an inferior way to own gold and im not quite sure why anyone would buy them. Basically you own the GLD as a security (stock) and each share is supposed to represent 1\10th the price of gold and sort of have a gold backing.
In my opinion there is zero reason to ever own the GLD when you could own actual gold with a Goldmoney Holding :
Sign up here: https://www.goldmoney.com/w/goldmatters
Much more to my liking is this lovable Gold Loving Dog (GLD) :
Read how he is different from the GLD in this awesome article by my friend @goldfashioned :
https://steemit.com/gold/@goldfashioned/gld-spdr-gold-shares-vs-gld-gold-loving-dog
The 3rd GLD I discovered about 5 minutes ago:
In some ways its appropriate because both the GLD SPDR shares and this charm appear to have very little actual gold in them.
I’m not going to do a full gold battle with this one. If you are interested in a gold battle check it out here: https://steemit.com/mene/@goldmatters/mene-24k-gold-jewelry-battle-halloween-edition
Here is the listed gram weight on the GLD:
Since we dont know the exact percentage of gold in the plating, we can’t do the direct comparison but im going to go ahead and say its less than 1 gram, likely less than .50 gram, and probably less than .25 grams.
Gold plating is an EXTREMELY thin layer of gold on the outer layer of an item, even less gold than the 14k gold we often make comparisons by a very large margin.
I have a hard time getting these words out but... gold plating makes 10k gold look good in comparison.
All this to say that we can reasonably and confidently say that this 24 karat gold Mene Ghost Charm weighing in at over 3 grams of pure gold completely busts the GLD:
This is because Mene does not insert subjective value into its pieces, but rather goes by gram weight x the current metal prices with a clear design fee that never exceeds 20%.
Where does the value from the GLD Ghost come from?
It will “ghost” you the instant you purchase it: https://steemit.com/mene/@goldmatters/is-your-gold-jewelry-ghosting-you
This contrasts to the lovable Mene Ghost, who’s value is explicitly tied to the actual pure gold it is made up of.
This is how we ghostbust the GLD!
Now you finally know the answer to the question:
“Who you gonna call?”
Earn $5 in Mene credit for signing up for Mene with this invite link:
Menē crafts 24 karat gold and platinum investment jewelry™ that is transparently sold by gram weight. By combining innovative technology with timeless design, Menē restores the ancient tradition of jewelry as a store of enduring value.
To find out more about what Menē 24 karat gold and platinum investment jewelry is from your fellow Steemians :
https://steemit.com/steemit/@goldmatters/what-in-the-world-is-mene24k-35-well-researched-blog-style-essays-contest-winners
Or
https://steemit.com/mene24k/@goldmatters/what-is-mene-24-karat-platinum-and-gold-jewelry-valentine-s-day-gift-winner
To find out more about what Goldmoney is from your fellow Steemians : https://steemit.com/contest/@goldmatters/what-in-the-world-s-goldmoney-winners
To sign up for a Goldmoney Holding start here: https://www.goldmoney.com/w/goldmatters
For Menē 24k investment jewelry here: http://Mene.com/invite/JrT26p
I am on a personal mission to spread the word about Goldmoney and Menē through any means necessary. Goldmoney allows individuals to empower themselves by protecting their savings by owning small or large amounts gold previously inaccessible to regular people like you and me.
All images sourced from Menē and Goldmoney.
Read more about Goldmoney: https://steemit.com/@goldmatters
See Steemians unbox Mene:
Haha, that ghost got gobbled by MENE! No contest!
How embarassing for every GLD
I'm afraid that GLDplated ghost is in way over his head @goldmatters! Menē should wear a blindfold maybe.
TOTAL DOMINATION
Lol another GLD to the list!! The real GLD DEFINITELY doesn’t approve of that plated ghost!
3 barks for dissaproval