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Alcohol tax hike cuts two ways

Metaphorically speaking, a knife that cuts both ways can hurt both your enemy as well as yourself.

All weaponry, for that matter, cuts both ways. They help you hurt your enemy but they hurt you when they’re in your enemy’s hands.

That’s why it’s probably better for everyone from all around not to have weapons in the first place. Take nuclear weapons, for example. Now that America has it (and has dropped two on Japan), what happens? It lives in mortal fear of it – of someone potentially using the nuke against America itself. That’s why they’re so keen to stop proliferation of nukes. That makes sense because after America had it, the former Soviets soon had it. Then the British had it. The French had it. The Chinese had it. Now Iran, DPRK, India, Pakistan all want to have it.

Terrible scenarios, as you can imagine, if everyone who wanted one had one.

A terrible picture to present, I know, but you get the point.

Here are recent media examples of things that cut both ways or two ways:

1. Friday’s sell-off in gold sent the yellow metal into a bear market. In other words, the value of gold is down 20 percent from its recent high.

At least some of this elevated volatility can be attributed to the fact that it’s just easy to sell gold.

This is apparent in the dumping of Gold ETFs by investors.

“Prior to the introduction of Gold ETFs, investors seeking exposure to the metal were limited to gold mining stocks, bullion, coins and futures contracts, which carry among them extra risks including mining company fundamentals, bid and ask spreads, valuation, storage costs, liquidity constraints and futures expiries,” said Oppenheimer’s John Stoltzfus in an interview with Business Insider last December.