Inflation Hedge - 3 Reasons Banks Don"t Want You Owning Gold As An Inflation Hedge
Our world today is facing some financial turmoil and the most important way for one to be protected is education; education on monetary policy, education on finance, and education on wealth.
With all the chaos around us today to sit still and do nothing will be to our detriment.
However, where there is chaos there is always opportunity and there is no better time to start protecting yourself than now.
The government and central banks know that owning physical gold is a good thing but the truth of the matter is that they don't necessarily want you knowing that.
But you should because...
1.
Gold Is A Hedge Against Inflation.
Hedge is a term used in finances meaning 'to protect or offset any potential losses'.
No matter what amount of money you put into gold today, central bank "money" printing and inflation will always drive its value up long-term.
In 1933 gold was $20.
67USD per ounce.
Today, February 24, 2015, one ounce of gold is $1201.
40USD.
So, as inflation goes up so does the value of gold.
And as the value of gold goes up so does the "money" you have saved in gold.
2.
Gold Maintains Your Purchasing Power.
Everything that $20.
67USD could purchase in 1933, can still be purchased today with $1201.
40USD plus much more! Banks have been misleading us for quite some time now encouraging us to entrust our "money" with them.
But think about it, that $20.
67USD sitting in that savings account for the past 82 years, even at 10% interest (which we know the banks won't offer you), your $20.
67USD wouldn't even equate to 50% of today's gold price! You do the math, it doesn't come close! 3.
Gold Is Financial Insurance.
I'm not a dooms day type of guy but I am a realist.
And the reality is that if we should suffer another economy crash like we did in 2008 (I hope we don't but if we did), to HAVE gold would be better than to not have gold.
Governments and central banks settle their debts with gold and some states across the US today even accept gold bullion as money! Imagine your ancestors had two savings accounts for you: in one account they saved cash and, in the other account one ounce of pure currency grade gold.
Which account would you rather cash in today? So really, what is the shortfall to owning some gold? In the eyes of many, there is none.
With all the chaos around us today to sit still and do nothing will be to our detriment.
However, where there is chaos there is always opportunity and there is no better time to start protecting yourself than now.
The government and central banks know that owning physical gold is a good thing but the truth of the matter is that they don't necessarily want you knowing that.
But you should because...
1.
Gold Is A Hedge Against Inflation.
Hedge is a term used in finances meaning 'to protect or offset any potential losses'.
No matter what amount of money you put into gold today, central bank "money" printing and inflation will always drive its value up long-term.
In 1933 gold was $20.
67USD per ounce.
Today, February 24, 2015, one ounce of gold is $1201.
40USD.
So, as inflation goes up so does the value of gold.
And as the value of gold goes up so does the "money" you have saved in gold.
2.
Gold Maintains Your Purchasing Power.
Everything that $20.
67USD could purchase in 1933, can still be purchased today with $1201.
40USD plus much more! Banks have been misleading us for quite some time now encouraging us to entrust our "money" with them.
But think about it, that $20.
67USD sitting in that savings account for the past 82 years, even at 10% interest (which we know the banks won't offer you), your $20.
67USD wouldn't even equate to 50% of today's gold price! You do the math, it doesn't come close! 3.
Gold Is Financial Insurance.
I'm not a dooms day type of guy but I am a realist.
And the reality is that if we should suffer another economy crash like we did in 2008 (I hope we don't but if we did), to HAVE gold would be better than to not have gold.
Governments and central banks settle their debts with gold and some states across the US today even accept gold bullion as money! Imagine your ancestors had two savings accounts for you: in one account they saved cash and, in the other account one ounce of pure currency grade gold.
Which account would you rather cash in today? So really, what is the shortfall to owning some gold? In the eyes of many, there is none.
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