Wednesday , 20 February 2019


Search Results for: fiat

Why, Pray Tell, Would I Want to Own Gold?? (2.1K Reads)

Comments I have made that "when this [financial crisis] finally ends the big winners are apt to be the ones who have lost the least purchasing power. Keeping score in nominal dollars is likely to be meaningless. Gold tends to hold its purchasing power regardless of what happens to fiat currency” have prompted questions about a) how to achieve such purchasing power with physical gold when this stage is reached, b) how to go about buying things with gold coins and c) how gold would be utilized under the assumption that a barter system would develop when dollars become worthless. [Let me explain.] Words: 700

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Take Note: Gold and Silver are NOT an Investment! (2.5K Reads)

Gold and Silver are not an investment! Let me repeat that. Gold and silver are not an investment! Gold and silver are (excuse the pun) the most "solid" form of money you can possess. Yes, these two precious metals are money!...Don't fear owning gold my friends. Fear not owning gold and silver, especially if you are a saver. [Let me explain.] Words: 795

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The Moses Generation & the Future of Gold (6.2K Reads To Date)

I have come out of retirement for this one off, once only, speech to warn that the good ship “Life As We Know It” is sinking. You have the choice of getting into a life boat now or going down with the ship. The life boats consist of precious metals and other assets that will survive the coming currency destruction. [Let me explain.] Words: 1400

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Beware: Official U.S. Government Price for Gold is Only $42.22/ozt. (5.5K Reads Already!)

The United States has seen four different gold confiscations — the last of which was in 1933. Few people realize that when the freedom to own gold was restored in 1972, the President retained the power to require us to surrender our gold which he can do again any time (probably on a Friday) with the mere stroke of a pen. That means all confiscated gold could possibly be compensated at only $42.22 per 1oz. and not at the world market price. Don’t take this decision lightly. It was another blatant warning that the government may be contemplating grand larceny — AGAIN. Words: 1740

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U.S. Dollar Ranks #4 Behind Currencies of Australia, Canada and New Zealand Among G10 Countries Based on Monetary Policy – Here’s Why (4.8K Views)

Merk Investments has ranked the attractiveness of the currencies of each G10 country based on the monetary and fiscal policies of each country and the strength of each country's economy to come up with what they call the Merk Currency Score™. This Score should prove invaluable in supporting investment decision-making across countries and regions. Go here to see where your country ranks. Words: 367

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Silver Could Hit $150 A Troy Ounce – Here’s Why (2.2K Reads)

...A collapse of the U.S. dollar is inevitable. The U.S. Dollar Index has been bouncing off of four-year lows for the past several weeks but this cannot last much longer with a global trade war and U.S. equity correction looming....The U.S. dollar and fiat currencies are in trouble, hinting that gold and silver prices could again go screaming higher...[as] the two still generally trade inverse to each other and, while gold is perhaps the safest way to hedge against a falling dollar, the most profitable option is silver.

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