The famous currencies of the “old world”, gold and silver coins, are quickly becoming the currencies of the “new world” because they represent the missing links or valuable stores in all paper currencies.
Today Americans face a pile of unpaid debt. It controls a new Federal Reserve, already dubbed “Helicopter Ben,” based on its ability to print and drop enough banknotes from helicopters to keep the US economy from falling into recession.
The Wall Street Journal was recently published by H.C. We have published an excellent commentary, “In Gold We Trust” by David Ranson and Penny Russell. Wainwright Co. Economy. They explain why the price of gold is a veritable barometer of falling and rising inflation. Here are some key points they reveal:
* Gold is a measure of the value of the dollar, not the other way around.
* The US dollar decline is largely ignored by Washington and Wall Street.
* A sharp rise in the price of gold also means a sharp drop in investor confidence.
* Gold is a barometer of public confidence in banknotes.
* The collapse of 60% of the dollar since 2001 is a blow to capitalism.
Conclusion: The US dollar is slowly but surely falling into oblivion, encompassing the hopes and dreams of all Americans, as well as the value of savings accounts and investments.
Most Wall Street experts view gold as just another commodity. Since 2001, the heat of gold has increased globally so it now has a high price, with central banks and hedge funds buying gold for the first time in decades. it is not!
Gold is real money so it goes up. The solution is to convert some of the “paper” assets to gold. This enables you to put yourself in a personal gold standard.
The rise in gold prices today is a big red light suggesting inflation to come and it can cost more than $ 1,000 an ounce. So don't wait to buy gold – buy gold and wait.
For a deeper and broader discussion of this and related subject matter, refer to our eBook How to Buy Gold Online and Safely Store Offshore. Here you can view the eBook.
