INVEST NOW!
Value of gold and silver coins dated 10/21/2019 at 9:28Pm Est
Gold Value per Oz $7,600
Silver Value per Oz $918
Countries such as Turkey and China are encouraging their nationals to invest in gold and silver backed currency to not only increase the wealth of their nations but to combat the USD that has dominated the world by military operations, war, force and destabilization of governments.
On March 22nd 2018, the congress of the United States entered resolution 5404 into the House of Representatives of the United States Congress; admitting that the USD / Federal Reserve Note / United States Dollar has lost 96% of its value since the end of the gold standard in 1913 and since the U.S. ended its interchangeability with precious metals internationally in 1971.
Gold should be an important part of a diversified investment portfolio because its price increases in response to events that cause the value of paper investments, such as stocks and bonds, to decline. Although the price of gold can be expensive in the short term, it has always maintained its value over the long term. Gold and other precious metals are respected throughout the world for their value and
rich history, which has been interwoven into cultures, governments, private businesses and nations for thousands of years. Coins containing gold appeared around 800 B.C. Throughout the centuries, people have continued to hold gold for various reasons. Societies, and now economies, have placed value on gold, thus perpetuating its worth. It is the metal we fall back on when other forms
of currency don't work, which means it always has some value as insurance against tough times.
Owning precious metals and other hard assets such as real estate, is the only way to protect yourself against inflation and deflation
alike, and a good portfolio diversifier.
Although the U.S. dollar is one of the world's powerful reserve currencies, when the value of the dollar falls against other currencies
as it did between 1998 and 2008, this often prompts people to flock to the security of gold, which raises gold prices . The price of gold nearly tripled between 1998 and 2008, reaching the $1,000-an-ounce milestone in early 2008 and nearly doubling between 2008 and 2012, hitting around the $1800-$1900 mark.
Gold has historically been an excellent defense against inflation, because its price tends to rise when the cost of living increases unlike the value of USD. Which, once the cost of living goes up, along with minimum wage, the value of the USD remains the same; worthless.
Investors have seen gold prices soar and the stock market plunge during high-inflation years. This is because when fiat currency loses
its purchasing power to inflation, gold tends to be priced in those currency units and thus tends to arise along with everything else. This is so, because the people are the true controllers of the market and the value of things.
Deflation Protection
Deflation is defined as a period in which prices decrease, when business activity slows and the economy is burdened by excessive debt,
which has not been seen globally since the Great Depression of the 1930s. During the Depression, the relative purchasing power of gold soared while other prices dropped sharply. This is because people chose to hoard cash, and the safest place to hold cash was in gold and gold coin at the time.
On March 22nd 2018, the congress of the United States entered resolution 5404 into the House of Representatives of the United States Congress; admitting that the USD / Federal Reserve Note / United States Dollar has lost 96% of its value since the end of the gold standard in 1913 and since the U.S. ended its interchangeability with precious metals internationally in 1971.
Gold should be an important part of a diversified investment portfolio because its price increases in response to events that cause the value of paper investments, such as stocks and bonds, to decline. Although the price of gold can be expensive in the short term, it has always maintained its value over the long term. Gold and other precious metals are respected throughout the world for their value and
rich history, which has been interwoven into cultures, governments, private businesses and nations for thousands of years. Coins containing gold appeared around 800 B.C. Throughout the centuries, people have continued to hold gold for various reasons. Societies, and now economies, have placed value on gold, thus perpetuating its worth. It is the metal we fall back on when other forms
of currency don't work, which means it always has some value as insurance against tough times.
Owning precious metals and other hard assets such as real estate, is the only way to protect yourself against inflation and deflation
alike, and a good portfolio diversifier.
Although the U.S. dollar is one of the world's powerful reserve currencies, when the value of the dollar falls against other currencies
as it did between 1998 and 2008, this often prompts people to flock to the security of gold, which raises gold prices . The price of gold nearly tripled between 1998 and 2008, reaching the $1,000-an-ounce milestone in early 2008 and nearly doubling between 2008 and 2012, hitting around the $1800-$1900 mark.
Gold has historically been an excellent defense against inflation, because its price tends to rise when the cost of living increases unlike the value of USD. Which, once the cost of living goes up, along with minimum wage, the value of the USD remains the same; worthless.
Investors have seen gold prices soar and the stock market plunge during high-inflation years. This is because when fiat currency loses
its purchasing power to inflation, gold tends to be priced in those currency units and thus tends to arise along with everything else. This is so, because the people are the true controllers of the market and the value of things.
Deflation Protection
Deflation is defined as a period in which prices decrease, when business activity slows and the economy is burdened by excessive debt,
which has not been seen globally since the Great Depression of the 1930s. During the Depression, the relative purchasing power of gold soared while other prices dropped sharply. This is because people chose to hoard cash, and the safest place to hold cash was in gold and gold coin at the time.