Your Money isn ’ t Worth the Paper It ’ s Printed On … … and what to do about it
Your Money isn ’ t Worth the Paper It ’ s Printed On … … and what to do about it
Go through your wallet . See the cash currency . What if I told you it had little to no value . “ What , you say ? How can that be ?” Simple .
In the 1970 ’ s the USA went off the gold standard . The gold standard meant that our money , i . e . currency was backed by gold . At that time the price of gold was pegged at $ 35 per ounce . Since then our money is called a ‘ fiat ’ currency – which means it has value because the government says it does and people and institutions agree . But , you can see over the years that inflation has devalued our currency so it is worth a fraction of what it once was .
" Who has gold always has money .” -Alan Greenspan ( former Federal Reserve chairman )
Currencies come and go – gold is forever . With a striking , bright-yellow , luminescent sheen , gold has been declared a timeless , dignified element found in nature . Gold has many uses , including the strength and durability to withstand corrosion . Gold is not only a stable element but is a life-long , dependable investment . Gold has been acknowledged throughout history as a store of value . Due to its brilliant color and scarcity , it is unique – and coveted . We believe that every person should have some gold in their investment portfolio .
Over the last 50 years , gold has out-performed the stock market , but that is not the real picture . The value of gold has remained the same , the value of currency compared to gold has decreased . An example …
· 45 years ago , the dollar value of gold was approximately $ 400 . At that time , this amount would purchase a good suit , a tank of gas and a fine meal .
· Today , the value of gold is approximately $ 1200 per ounce . This would still buy a good suit , a tank of gas and a fine meal .
You can easily see from this example that the value of gold is inherent , a constant – while paper money has significantly devalued .
What does this mean to you ? It ’ s time to get gold . It never goes out of style and is a hedge against long-term inflation .
Top reasons to buy gold …
1 . Gold offers protection against inflation and currency reform . 2 . Gold bars are global cash . 3 . Gold in a time of crisis is a stable investment . 4 . Gold is and will remain unimpaired , a limited resource which cannot be reproduced . 5 . Global demand for gold is higher than its supply . 6 . The purchase and sale of investment gold is exempt from VAT .