•Buying gold bullion online
More and more investors in the US and Europe are turning from the securities of shares and currency to a more solid investment, privately owned gold bullion. Buy gold though, is not as easy as one might think and securing it prevents more of a challenge.
The ways most people buy gold are in the form of physical gold coins like the American gold eagle or the Canadian coins, there are gold mining shares and mutual funds and there are certificates where you can buy gold but what I want to talk...
•Devalued Dollar, no match for gold
Suppose I say to you, there is no difference between a $100 Dollar bill and a $1 Dollar bill except the way the ink is printed on them. It cost exactly the same amount of money to print each of them. Ultimately they are practically worthless in what they are physically. If you however take a $.50 piece from the year 1880 which was made from 90% silver, that had value in and of itself. The Dollar had twice as much silver in it as the $.50 and so twice as much worth. It was the silver that gave...
•Gold is the number one hedge against a falling Dollar.
The world's premier monetary and chaos hedging asset is gold. In times of economic and financial turmoil, to geopolitical tension, war time and to virtually any global uncertainty it gives a direct response. Gold is heading much higher in the future because there is too much spending in the US and globally, to much money is being printed by the banks and the Federal Reserve, other factors are rising global inflation and a very weak US Dollar, International tension such as in the Middle East...
•Setting a gold standard
When the gold standard was set in place, the price of gold remained a constant $20.65 per ounce and only fluctuated by $0.01 from the year 1833 to1890. So for fifty seven years as the US Dollar was attached to this gold standard, it remained un-fluctuating along with the gold standard. That is how it was designed to be from the founding of the country.
The constitution states that the currency of the country is to remain that way to maintain the Dollar and protect against what is exactly...
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