Only silver and gold are considered “real” money. In ancient times, the only form of “real money”, was silver and gold. It is the representation of actual money and of something with stored-value. Come and visit our website search it on gold IRA rollover fees you can learn more.
Without paper money, currency and the US dollar gold still stand as the real money. It’s worth is not measured in dollars, but it happens that it’s represented by paper today. A $50 bill would be a good example of how much $50 in paper money costs. You’d be wrong!
When the US dollar was supported by gold before, it is stable. The dollar fell to its current point of collapse when the gold standard was removed. (There is still some hope.
Inflation is one of the top reasons why the dollar has lost value. The US government decided to eliminate the US currency from its solid protection against market instability, Gold. The government will continue print more paper money because of the national debt, as well as other spending. This led to a decrease in dollar’s purchasing price and increased tax and inflation rates. If you continue this, your $100 might be worth only $40.00.
Dollars lose value and are not lost, they just move to other assets like gold.
Why not invest in Gold NOW
The historic boom in the history of precious metals is coming to an end!
According to some financial analysts, billionaires around the globe who have invested billions in gold (in gold), it could go up to $5,000 to $10,000 per troy ounce. If this is true, doubt it and do your homework.
Start your investigation by investigating the abolishment or national debt, inflation, size of US government, and the abolishment of gold standard. You will be able to see the relationship between these facts and the US dollar losing its buying power.