Are You Sitting Down? I Have Some Big News for You?
Some leading experts are saying that the U.S. dollar is going to collapse and that it’s an absolute mathematical certainty. When it collapses it will be the single largest event in human history. It will have a dramatic effect not just on Americans but on every human being on Earth. It will leave a scar that will effect generations to come.
Wow, right?
What Will This Mean?
It could mean that all paper assets will be destroyed. This list will include not only other world currencies, but also stocks, bonds, options, dividends, T-Bills, CDs, Money Markets, and insurance policies.
But wait, there’s more: Add pensions, Social Security, 401(k)s, IRAs, privately owned businesses, structured settlements, and even real estate. Also remember that with the uncertainty of a non-functioning currency, credit grinds to a halt as do payments, markets, and the world economy.
Panic follows and then the really bad stuff happens––Think war, millions in poverty, social disorder, etc.
Who Will Be Spared?
You may think that in a cataclysm like this nobody would be spared, but that’s not true. Owners of tangible assets like commodities will be protected. The reason for this is that commodities are real things––things that are used in everyday life like cotton, corn, pork, oil, and copper. While all of those products are extremely useful, unless you’re a farmer you probably won’t have any access to corn or pork.
Then there’s the storage: You’ve got tanks for oil or a barn for cotton bales? How about space for a ton of copper? For the same amount of money it’d take you to acquire a ton of copper (about $6,000), you could buy 5 ounces of gold (as of this writing).
If nothing else, gold is both valuable and portable. Its value is derived from its intrinsic value of rarity and its potential uses. Also, with gold or silver you don’t have to worry about someone paying a dividend or earnings in a depression or currency collapse. There is no counterparty risk because there is no need for paper promises to pay. When you own the physical metal you hold actual value.
Historically, the worse things get in the economy, the more gold shines. As more people escape to precious metals as a safe haven, the price of gold is driven up. And unlike other precious metals such as platinum or palladium, gold––and silver––have been used as money in history.
When currencies are devalued or debased––or worse, collapse––you want something that will have the greatest demand to drive its price up the most. Gold has industrial, investment, AND monetary demand that the other metals just don’t have.
What about sky rocketing inflation or a plummeting stock market? Why invest in gold? Because gold not only weathers it all, it often thrives in crisis. Of all the asset classes, gold and silver are the best “stores of value.”
People are starting to get the message about gold investing. We are witnessing a major trend right now of increasing numbers of individuals and investors all over the world who are owning gold and silver in order to protect themselves. And it’s not just individuals, the world’s central banks are also accumulating gold on a massive scale––a trend that has grown more pronounced since the global financial crisis of 2008.
What Can We Learn from This?
Investors and institutions both are moving back to the fundamental usages of gold and silver to protect their wealth and purchasing power. We know that gold has held its value over centuries and millennia, but what about the future? Even in the span of the next five years you can almost count on the fact that the currency you own will lose a considerable part of its value and as a result your money will buy less than it does now.
Every day you wait to protect yourself, your family, and your wealth against future financial uncertainties is another day you are putting your retirement at risk. Don’t let your portfolio be missing the one thing that can provide you with a hedge and serve as protection in all seasons and under most circumstances––gold and silver.
Whatever is the best way for you to invest in gold––whether it’s taking direct delivery or rolling over or transferring all or a portion of a retirement account––gold can help to protect your retirement from a highly fluctuating stock market, inflation, falling currencies, and other events. But before you do anything with your money make sure to do your homework and get the best information available.
You can begin by downloading a FREE mini-course that was designed to help answer many of your questions and offer tips on investing in gold and silver and coins. Full of important money saving investment tips, this gold investing guide has helped teach many of our clients to invest like experts. If you’d like to save precious time and possibly thousands of dollars, you need to read this today!
