“It is extraordinary how many emotional storms one may weather in safety if one is ballasted with ever so little gold.”
William McFee (1881-1945)
~ Why Gold? ~
The answer to that question is a simple: 'Why Not?"
Precious metals will always be the world's reserve currency. Even though nations do not define their currency by their by their worth in, say, gold, individuals will still buy gold to protect themselves from inflation. The more money a nation's central bank pours into the economy, the less valuable the dollar is, which means the price of everything else rises. Seeing that the dollar is cheap, many individuals start to distrust the national economy and instead of investing in dollar-making opportunities like business expansion, they will buy gold.
“Actually, it is difficult to envision in this regard any other criterion, any other standard than Gold. Yes Gold, which does not change in nature, which can be made into either bars, ingots or coins, which as no nationality, which is considered, in all places and all times, the immutable and fiduciary value par excellence.” - Charles de Gaulle The following series of articles, columns, historical documents and speeches may in fact provide additional answers.
- The Legend of Jacque Dupre'
Take a lesson from the legacy Jacque Dupre' left his only heir - the power of intergenerational wealth provision. It remains available - even today!
- Gold and Economic Freedom
"In the absence of the gold standard, there is no way to protect savings from confiscation through inflation." (Alan Greenspan, 1966)
- Roosevelt & Gold Confiscation
The Presidential Executive order of April 5, 1933, prohibiting the ownership of gold for Americans in MOST circumstances.
- Modern Money Mechanics
Money is such a routine part of everyday living that its existence and acceptance ordinarily are taken for granted. A user may sense that money must come into being either automatically as a result of economic activity or as an outgrowth of some government operation. But just how this happens all too often remains a mystery. (An off-site explanation of banks, money and how they work.)
- The Truth About Money
Most Americans assume the Federal Reserve Bank is a branch of Government. It is not. The Federal Reserve Bank is a private corporation, owned by foreign interests. This bank and its stockholders control the entire wealth of America. |
