In this article, I'm going to talk about money, particularly money in the form of currency grade gold. What does this subject have to do with your business or your lifestyle, you may ask? The answer is everything. Confused? Please continue to read on.
Your true wealth is your time and your freedom. Money is just a tool for trading your time. It's a container for storing your economic energy until you are ready to deploy it. But the whole world has been turned away from real money [gold] and has been fooled into using currency. A deceitful imposter that has been silently stealing your two most valuable assets: Your time and your freedom. Welcome to the rabbit hole!
Wealth is never destroyed but merely transferred and that means that on the opposite side of every crisis there is an opportunity. The great news is all you have to do to turn this crisis into your great opportunity is to educate yourself. I believe that the best investment you can make in your lifetime is your own education on the history of money and education on how the world economy works. If you learn what is going on and how the financial world works you can put yourself on the correct side of this wealth transfer.
Real Money (Gold) vs. Currency
Roughly 5,000 years ago, the Egyptians started using gold and silver as their predominant form of currency. But it was not yet money. The pieces of gold and silver that they were using were of odd sizes, odd weights and odd purities. So it still was not interchangeable where each unit was the same as the next. This meant that nothing really had a price yet. You couldn't put a price of so many coins for something because they didn't have coins yet. Trade was still difficult and still a guessing game when it came to the exchange of values.
Gold was money for thousands of years and paper money could be redeemed for gold.
One of the reasons why we are in the global financial mess today is that most people do not understand the difference between currency and money. Currency is a medium of exchange and a unit of account (because it has numbers on it). It is portable, somewhat durable and divisible (because you can make change). And it is also fungible, meaning one unit is the same as the next unit. A dollar in my pocket buys the same amount as a dollar in your pocket.
But because governments can print more and more currency and dilute the currency supply, they are continually transferring wealth out of your pocket, out of your bank account to the government and to the banking system.
Over the last 5,000 years, only gold and silver have maintained their purchasing power. Pure gold is limited in quantity and that's the reason that it maintains its purchasing power. Governments can't print it. On the other hand, since the creation of the Federal Reserve in 1913, the U.S. dollar has lost 95% of its value. Other currencies have the same problem, albeit on a much smaller scale.
Money must be a store of value and maintain its purchasing power over long periods of time. National currencies are really a tool used by governments and the financial sector to leach away your time and your freedom by stealing your purchasing power. Rather than storing your economic energy, currencies leak it. By way of contrast, gold and silver have proven over thousands of years to be the ultimate store of value.
The reason that gold and silver are the optimum form of money is because of their properties. It is an easy medium of exchange because gold and silver store a large amount of value in a very small area. It's a unit of account. Pure gold has the same value all over the planet. So an ounce of gold in Egypt buys the same amount as it does in China or the United States.
Gold is not digital, cannot be wiped out by hackers and is immune to crashing stock markets and bank failures.
Russia has increased its gold reserves 70% in the past five years. China has increased its gold reserves over 200% in the same time period. Do they know something you don't?
Yes, they do. Owning and saving gold is the best way to maximize your purchasing power over a long period of time. Now you can't buy gold in the large quantities that governments and rich people do, but there is one company I know of (Karatbars International) where you can buy gold one gram at a time. This is a very affordable approach to start converting and buying currency grade gold on a weekly or monthly basis. Given the current economic times we are all in, this is a no brainer.
Gold is, and always will be, the friend of freedom! Make it your friend by buying it in small, affordable 1 gram weights. Pay yourself first and setup a gold savings plan today. Remember, it is not how much you make, it how much you keep that counts.
If you want to know more about Karatbars International and their
history in selling, storing and delivering pure gold, go to http://www.karatbars.com/?s=rmony.
Anyone interested in starting a currency grade gold savings
plan or just interested in more information, please contact me at email@example.com with "Currency Grade Gold" on the Subject line.