Wednesday, June 18, 2008

Devalued Dollar, no match for gold

Devalued Dollar, no match for gold
Suppose I say to you, there is no difference between a $100
Dollar bill and a $1 Dollar bill except the way the ink is
printed on them. It cost exactly the same amount of money
to print each of them. Ultimately they are practically
worthless in what they are physically. If you however take
a $.50 piece from the year 1880 which was made from 90%
silver, that had value in and of itself. The Dollar had
twice as much silver in it as the $.50 and so twice as much
worth. It was the silver that gave it its value.

Can you see what I am saying? No? Well, today, one of those
$.50 cents coins with the 90% silver content is worth
$5.00. How can that be? I hear you say. Well, they hold
there value and always will, inflation will make sure of
that. As the Dollar gets less and less, silver & gold will
rise and rise. If you buy it now, you can be sure it will
rise within in a few years time and keep on gong for years
to come.

In 1964, three silver dimes would buy you a gallon of gas;
gas cost roughly $.27 cents. Those silver dimes today are
worth a $1.25 each; those three silver dimes would nearly
buy you a gallon of gas plus about $.25 cents in today's
Dollar value. That's three dimes from 1964.

So what is happening is this, the price of gas hasn't gone
up, it's the value of the paper Dollar that is going down.
Inflation is causing deflation to the paper Dollar. Why?
Because the government is printing more and more paper
money from their own printing press we call the Federal
Reserve, which in turn devalues your Dollar every time they
do this.

Its like this, if you have 10oz of gold and 100oz of gold
exists in the whole known world, well then you own 10% of
the worlds gold. Let us say that 10% gold you have is worth
$100.00 and that is the world recognised value for 10oz of
gold. Now let us say a huge amount of gold was discovered
equalling to the same amount already in existence. That
would devalue your 10oz by half of its price. The more you
have of something, the less worth it becomes. There is only
so much gold in the world that has been found, this is why
it is called a precious metal. There is so little in fact,
that you could fill an average size house with the gold in
existence which is roughly 20x20x20 yards when combined to
make a cube.

This is exactly what is happening to your Dollar. The
Federal Reserve has a licence to print money whenever the
government needs debt paid off and so dumps more paper
money onto the market and devaluing yours. Only 5% of the
money created is in physical paper money, the rest is in
digital format. That's how easy it is, a few pushes of a
button creates millions of Dollars.

This method of creating money whenever we feel like it is
unsustainable. Eventually the Dollar will go to zero; it is
on an uncontrollable inflation course straight into the
ground. To protect yourself I will tell you this, go and
buy gold and silver bullion. It doesn't have to be in coins
and you don't have to store it a your home or business, you
can buy online and have the gold never leave the vault
where you buy it from, they can store it for you and I
guarantee you this, gold is an investment product that can
not just be created out of thin air like paper money can,
it will hold its value in times of uncertainty and it will
be worth more and more as time goes on.

Why settle for paper when you can have gold.


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In a effort to inform people of the impending Dollar
disaster, I am writing this article and more. Visit my
website to find out where to buy gold online at
http://www.wheretobuy-gold.com and veiw my blog where I
will update it often with new the new articles I write at
http://howtobuy-gold.blogspot.com
Thank you for your time in reading this article.

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