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title: "Suppose that you visit India, and you spend a year in a city there. …"
date: 2018-09-12
source: facebook
type: Archer T. Ships updated his status.
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# Suppose that you visit India, and you spend a year in a city there. …

*September 12, 2018 · Facebook*

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Suppose that you visit India, and you spend a year in a city there. While there, you learn that gold jewelry is popular, and in such demand that it sells for \$2000/oz.\
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Now, suppose you come back to the US, and you find someone willing to sell you gold at \$1000/oz. Isn\'t that good news? Ignoring transaction costs, you can make \$1000 for every oz of gold you export to India.\
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Now, suppose that the price of gold in the US drops to \$500/oz. Is that a bad thing? No! It\'s great! Now, you can make even more money per coin. As long as the price in India remains high, then a lower price in the US is only a good thing.\
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IMHO, the same sort of reasoning should govern investments across time, not just space. So, for example, if you believe that future Intel\'s demand for gold will double due to a new manufacturing process, then
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