The main culprit is inflation. What if I told you that there is an investment that is more secure than your savings account and will actually hold the value of your money? That’s right, gold has held its value for over 100 years. An ounce of gold will still buy the same amount of goods and services as it did 100 years ago. Yes, it does take more dollars today to buy an ounce of gold but that is strictly because the dollar has slid in value.
In fact, since 1950 your dollar has slid down to be worth approximately 13 cents. Just think, if you are 58 years old and someone had given you a dollar when you were born it would now be worth 13 cents. That’s pretty depressing, but there is a plus to all of this.
A positive statement that government officials and finance experts don’t want you to know- gold has held its own through all of this decline in the dollar.
If you were given a dollar’s worth of gold back in 1950 it would still be worth a dollar today, that is a 1950 dollar. Your gold would have held your purchasing power. Don’t be fooled by claims of high interest rates saving you from the recession. The only secure and safe investment today is gold.
You can trust gold to perform well. The recent rise in the price of gold is a good indicator of what is about to happen. In bad times the price of gold goes up and inflation drives this process- the same inflation that is eroding your dollars.
The main cause of inflation which fuels this process is the fact that the government money printing presses are running non-stop to produce dollars to pay off the national debt. As the supply of money increases out of control the value of every dollar declines at the same rate. It really is a vicious cycle that hurts the working families of this country.
Wouldn’t it be nice to print your own money to pay off your debt? That’s what every country in the World is doing. The only way that they can keep doing this is if the economy expands at an ever increasing rate.
That means the governments have to encourage spending to pay for their nasty debt- a debt none of us want by the way. How do they encourage this spending? It’s simple, they lower interest rates to an unnatural level considering the present economic climate.
By lowering interest rates we are all encouraged to go deeper in debt thereby draining our savings. Easy payments, low payments, delayed payments and credit has become a way of life for many families- all encouraged by the government’s focus on lowering their own debt by increasing the money supply at the expense of nearly every citizen.
The only safe place to put your hard earned dollars to preserve the buying power of your money is in gold. 100 years of value preserved in fact. The same cannot be said for the dollars languishing in your savings account.
Our family has been living off the grid since last year, and loving every minute of it. Gold has been my passion for almost 30 years.
Find out more… Why to Invest in Gold Today
For a more in depth look at Your Savings Account vs. Gold just go to the preceding link.
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