Saturday, February 11, 2012

All that glitters is not Gold?

Did you do "Merchant of Venice" for O Levels? I did.


All that glitters is not gold is a well-known saying, meaning that not everything that looks precious is precious. The expression, in various forms, originated in or before the 12th century.
The popular form of the expression is a corruption of a line in William Shakespeare's play, The Merchant of Venice, which employs a 17th century synonym for "glitters", "glisters". The line comes from a secondary plot of the play, the puzzle of Portia's boxes (Act II - Scene VII - Prince of Morocco):
All that glisters is not gold; Often have you heard that told: Many a man his life hath sold But my outside to behold: Gilded tombs do worms enfold. Had you been as wise as bold, Young in limbs, in judgement old Your answer had not been inscroll'd Fare you well, your suit is cold.
Panning for gold often results in finding pyrite, nicknamed fool's gold, which reflects substantially more light than authentic gold does. Gold in its raw form appears dull and does not glitter.
"Not all that glitters is gold" is an alternate formulation.


Whilst that was Shakespeare, this is what Mr. Warren Buffett said about GOLD:



Warren Buffett: gold has no value

Berkshire Hathaway chairman and famous investor Warren Buffett has dismissed gold as a "valueless asset". 

Full story at: http://www.telegraph.co.uk/finance/personalfinance/investing/gold/9074670/Warren-Buffett-gold-has-no-value.html