Buy Gold To Protect Your Wealth!
Buy Gold To Protect Your Wealth
It is important to buy gold to protect your wealth. Gold is the go to money in times of inflation and economic crisis. Gold is a hedge against inflation. If you are saying to yourself right now that gold is not money, and that it is just a shiny relic that people wear around their necks, then you are dead wrong.
Gold has been money for over 6,000 years. Gold and silver were the first forms of real money that met the requirements of sound money. Plato and Aristotle spoke of sound money to have
- The ability to be durable. It must stand the test of time and not wither.
- The ability to be portable. Good money needs to hold value in a small space.
- The ability to be divisible. Real money should have the ability to be divided evenly and still hold its value. Also known as fungibility. Diamonds are not fungible because each diamond has its own value.
- It must hold a rare value or quality.
Those four requirements are important, because Plato and Aristotle knew something that most people today are not aware of. Our paper dollar, and all paper money for that matter, do not meet any of the requirements of sound money.
Paper has no intrinsic value because it’s paper. It can be produced on demand. There is no rarity or durability. The only thing giving value to paper money is the trust that we put into it.
A dollar bill is nothing more than a piece of paper with ink stamped on it. That’s it. It would be the same thing if someone gave you a sheet of writing paper to mow their lawn. There is no difference between the two. The two are paper.
It would be different if someone gave you something with real value like oil, copper, silver, or gold to mow their lawn. Those are hard assets. It means that someone’s blood, sweat, and hard work went into it so you could use it.
Since our government can produce as many dollars on demand as they want, the more they print the more worthless our money becomes. This means that a dollar collapse is happening under our noses. That is the sole reason gold and silver were the first and only currency used for thousands of years. Gold and silver can not be produced at will.
Gold and silver exploration companies have to survey and drill sites, and then they must mine the ore out of the ground. All of this takes energy and time. Only until relatively recently have governments used paper money as currency. It is important to know that there have been hundreds of paper currencies in history, and they all effectively went to zero.
Buying gold coins and silver coins are the only proven way to protect your wealth during times of inflation. Gold will hold its value while paper money falls in value. That’s why you buy gold to protect your wealth!
Not only is our dollar falling in value, but gold is in the middle of a 20 year bull market. The gold price is at an all time high of over $1,100/oz. People flock to gold in times of Inflation. Why do people do this? It’s because gold can not be inflated. What does inflated even mean?
Think of a balloon that you inflate. Basically, you are making that balloon bigger by blowing air into it. Well, our dollars are being inflated in much the same way. The more dollars that our government prints at will means more dollars in circulation. In this situation you have more dollars chasing the same amount of goods, which results in higher prices.
Inflation does not mean higher prices, it simply means printing more money. Higher prices are the result of printing more money. So, get out of dollar related assets now before you lose out big time.
Gold, silver, gold bullion, silver bullion, and mining stocks are the only assets you should be invested in right now. China, India, Arab countries, and others are diversifying out of dollars as we speak, and India’s central bank just purchased 200 tons of gold from the IMF. You decide if it’s time to get invested in gold and silver.
It’s hugely important that you prepare now for a dollar collapse, and save yourself financially while you still can. You can now grab your FREE instant download copy of “Why You Should Buy Gold Now” – created especially for the gold investment newcomer – by clicking here.
