subject: Make Money with Gold, Let Me Show You Why [print this page] Make Money with Gold, Let Me Show You Why
Why is it important to buy Gold. There are many things out there that one can put their money in, from stocks, to mutual funds, to precious metals. But let me explain to you why gold is an excellent choice for those who want to put there money in an asset that historically has been appreciating. Right now there is one network marketing company showing people and giving people the opportunity to take advantage of buying Gold and Silver. First, let me explain to you why buying gold is so important in today's economy.
Gold is not simply a commodity, it is a global currency. This currency evolved in the marketplace over the last 5000 years. Unlike other currencies, Gold and Silver are the only ones that are not controlled by governments. All the other currencies in the world today such as the dollar, euro, pound, yen, renminbi, rupee, etc are "fiat" currencies. This means that they do not represent anything with real tangible value. They are only worth it's government decree set forth by it's government's legal tender laws, in other words, your dollar bill, is really just worthless paper.
Another problem with legal tender currency is that governments create too much flat currency. Too much flat currency will lower the value of the currency. Historically all flat currencies have lost their value due to a lot of it being in circulation. This causes hyperinflation or threatens to bring an economy into hyperinflation. Prior to 1971 in the United States, all government currencies could be converted into gold, now it is simply legal tender, which for the past 39 years has not done any good for it's economy.
There is a world wide bubble in asset prices because the rate of flat rate currency creation sped up in 1995. Some economist predict that in the wake of the post bubble period, the currency will become so worthless that governments will have to go back to backing the dollar with gold again. Who do think is going to become wealthy when that happens? Backing the currency by gold is not only practical for the economy, but excellent for gold investors because the value of gold will go up considerably. In today's economy, the pressures of the United States exceeding debts will inflate the US dollar therefore making it even more worthless, more money will be printed to pay off the debts, especially the debt owed to China. As the falling US dollar loses trust in flat rate currency, Gold will gain. The financial industry and world governments have promoted flat currencies at the expense of the real value of gold in the mind of the public for years. Moving forward the investment perception of Gold from the public will only improve.
If you would like to make money creating and preserving wealth with a company who'se products are Gold and Silver assets.
