subject: Buy Gold Coins Now and Protect Yourself for against the Coming Economic Armageddon [print this page] Buy Gold Coins Now and Protect Yourself for against the Coming Economic Armageddon
For thousands of years gold in the form of jewelry, decorative fittings and household items such as goblets, plates and many other items including gold coins have been used by people from all walks of life as an investment against the future.
Gold bullion and gold coins have long held an allure to mankind; and by a quirk of nature because gold is intrinsically rare, and in general is usually to be found in places where it is difficult to get at makes it even more of a valuable commodity than it would otherwise be.
Before the beginning of the big experiment of paper currencies, begun some three hundred or so years ago in the modern era during the English Civil War, although there are arguments raging as to the exact period.
Paper money, as opposed to gold coins and silver coins has no real intrinsic value unless it is backed by a fixed commodity such as gold, silver or platinum; however, with the abandonment of the universal fixed rate of exchange between currencies and the abandoning of the gold standard over the course of the last century, paper money is losing its power.
The real value of gold bullion and gold coins has soared in real terms and in relation to the dollar which has lost over half its value in the past hundred years.
When the US dollar became the reserve currency of the world after the Second World War, the US government of the time backed the dollar against the gold standard until a certain "tricky Dickie" abandoned the link in 1973 as a result of inflationary pressures on individual and collective economies across the world.
Unfortunately for the American economy, the US dollar is on the wane, and probably in the next 10 to 15 years will no longer be the reserve currency of the world, instead there will be something else probably created by the World Bank as a standard.
The one investment in modern times, as throughout history that has and will always buck this trend is gold bullion and gold coins because it has an intrinsic value, it is a commodity which is real and not like a paper currency which in the modern era is more an elusive entity that the "Lochness Monster".
Wise investors are continuing their flight away from paper currencies to a more tangible and real asset, and the future of paper currency has a finite life.
It was invented by the Chinese and abandoned by the Chinese as a failed experiment after about 500 years.
To find out more about moving your cash into a more tangible and inflation proof investment vehicle such as gold coins and bullion, log on to http://www.goldcoin.net today.
