ou're breaking the bank right now, and you do not even know it!
Well then, i'll explain:Once the gold standard was started, the price of gold remained constant at $20.65 per troy ounce. It changed only a single cent in between the years of 1833 and 1890.
The gold standard was made to reinforce our dollar. And for more than fifty-five years the US dollar was good as gold - practically. Then, from 1891 to 1930 the US dollar still held powerful to the gold standard, the high being $21.32 and the low being $20.58. However through the years things have changed.
There was a time in our brief history where you could take a $5 bill and redeem it for it's value in silver. This was because the US dollar was supported by authentic silver and real gold! Try getting your $5 bill to the bank now and doing that… They'd laugh you out of there.
The US Constitution (Article 1 Section 10) expressly states that all currency Need to be minted in silver and gold: "No state shall give off bills of credit or make anything but silver and gold coin a tender in payment of financial debt."
However, if you take out your George Washington dollar you will notice clearly written on the bill: "This note is legal tender for all debts; Public and private."
Every since the Federal Reserve was developed back in 1913 we now have bit by bit been inching our way from the gold standard, and in 1971 President Nixon announced that the United States would no longer redeem US currency for gold or silver. That was the end of the gold standard, and the beginning of significant inflation.
This inflation is the reason why you're going broke, and you most likely in no way realized it!
The truth is, the gold price is not rising up. Fact is, gold is a historical economic constant. Thus, when you see the cost of gold going up in comparison to the US dollar… Then, you must move your perspective. Gold isn't going up, the dollar is going down.
That is a tragic fact if you see how much and how fast gold is rising these days. Just in 2006 gold was around $600 per ounce, but now (2011) it's over $1,500 per troy ounce. In five years gold has escalated nearly $1,000. Or you could say, the $ fallen almost $1,000 in relation to gold.
Therefore, as your dollars sit in your wallet they degrade in worth everyday. This inflation of the $ has robbed you of it's worth, and it keeps you out of cash.
The answer? Buy gold coins in US! The truth is, this is what the professionals are suggesting.
If the US dollar is dropping it's value, then, it only makes sense to liquidate your US dollars into gold. To do this you buy gold coins.
Gold coins will not lose unique value. Sure, their face value might only be $5 to $50, but their value is so much more. Their worth could be the weight in gold.
For example, let's say you purchased a one ounce gold coin. These days that coin might cost you $1,600, however in a couple of years you might can sell that coin for $2,000 or maybe more. In addition to this, let's point out that the US dollar will be on the decline… You might trade your gold coins for a stronger currency.
The Euro is doing good? Trade your gold coins for Euro dollars. The AUS dollar is doing good? Swap your gold coins for AUS dollars.
There are many different kinds of gold coins: Canadian Maple Leaf, Krugerrand, Chinese Panda, American Buffalo, American Eagle, and a lot more.
You can get gold coins in several different weight values, too: 1/10th troy ounce, 1/4th troy ounce, 1/2 troy ounce and 1 troy ounce. This enables every person who wants to secure their financial future in order to spend money on gold up to what their budget might allow.
But don't wait too long. The longer you wait to purchase gold coins the further your dollars deteriorate in price and worth… What does this imply? It will take more dollars to get exactly the same weight of gold. So, buy gold coins right now! Before your dollar can no longer afford the coins…
Well then, i'll explain:Once the gold standard was started, the price of gold remained constant at $20.65 per troy ounce. It changed only a single cent in between the years of 1833 and 1890.
The gold standard was made to reinforce our dollar. And for more than fifty-five years the US dollar was good as gold - practically. Then, from 1891 to 1930 the US dollar still held powerful to the gold standard, the high being $21.32 and the low being $20.58. However through the years things have changed.
There was a time in our brief history where you could take a $5 bill and redeem it for it's value in silver. This was because the US dollar was supported by authentic silver and real gold! Try getting your $5 bill to the bank now and doing that… They'd laugh you out of there.
The US Constitution (Article 1 Section 10) expressly states that all currency Need to be minted in silver and gold: "No state shall give off bills of credit or make anything but silver and gold coin a tender in payment of financial debt."
However, if you take out your George Washington dollar you will notice clearly written on the bill: "This note is legal tender for all debts; Public and private."
Every since the Federal Reserve was developed back in 1913 we now have bit by bit been inching our way from the gold standard, and in 1971 President Nixon announced that the United States would no longer redeem US currency for gold or silver. That was the end of the gold standard, and the beginning of significant inflation.
This inflation is the reason why you're going broke, and you most likely in no way realized it!
The truth is, the gold price is not rising up. Fact is, gold is a historical economic constant. Thus, when you see the cost of gold going up in comparison to the US dollar… Then, you must move your perspective. Gold isn't going up, the dollar is going down.
That is a tragic fact if you see how much and how fast gold is rising these days. Just in 2006 gold was around $600 per ounce, but now (2011) it's over $1,500 per troy ounce. In five years gold has escalated nearly $1,000. Or you could say, the $ fallen almost $1,000 in relation to gold.
Therefore, as your dollars sit in your wallet they degrade in worth everyday. This inflation of the $ has robbed you of it's worth, and it keeps you out of cash.
The answer? Buy gold coins in US! The truth is, this is what the professionals are suggesting.
If the US dollar is dropping it's value, then, it only makes sense to liquidate your US dollars into gold. To do this you buy gold coins.
Gold coins will not lose unique value. Sure, their face value might only be $5 to $50, but their value is so much more. Their worth could be the weight in gold.
For example, let's say you purchased a one ounce gold coin. These days that coin might cost you $1,600, however in a couple of years you might can sell that coin for $2,000 or maybe more. In addition to this, let's point out that the US dollar will be on the decline… You might trade your gold coins for a stronger currency.
The Euro is doing good? Trade your gold coins for Euro dollars. The AUS dollar is doing good? Swap your gold coins for AUS dollars.
There are many different kinds of gold coins: Canadian Maple Leaf, Krugerrand, Chinese Panda, American Buffalo, American Eagle, and a lot more.
You can get gold coins in several different weight values, too: 1/10th troy ounce, 1/4th troy ounce, 1/2 troy ounce and 1 troy ounce. This enables every person who wants to secure their financial future in order to spend money on gold up to what their budget might allow.
But don't wait too long. The longer you wait to purchase gold coins the further your dollars deteriorate in price and worth… What does this imply? It will take more dollars to get exactly the same weight of gold. So, buy gold coins right now! Before your dollar can no longer afford the coins…
home
Beranda
Post a Comment