What do you do when you go to the bank and they issue your retirement funds with worthless paper? Quantitative easing is the formal name for the introduction of new money into the money supply. But another way of ‘telling it like it is’; really simple – printing money out of thin air, because the government owns the presses.
When President Richard Nixon took the US off the gold standard in 1971 the country went into commercial paper,(IOUs) “fiat currency”. Because when the money supply was disconnected from the gold, and it became more plentiful to those in control. For the whole story see The Creature from Jekyll Island by G. Edward Griffin – A second look at the Federal Reserve.
In the HBO Movie “To Big To Fail” the bankers got greedy and the lenders got lacks. And when it failed Wall Street was bailed out while Main Street suffered. Now that the White House wants even less regulations, the government regulators (employees not politicians) are not looking at the foxes who control the hen house.
So now the question is what are you going to do to protect your nest egg? In the last go round, many not only lost their eggs (their money, IRAs) but they lost their nest, their biggest investment, their homes. If you could save pure gold 999.9 % 24 karat certified by the London Bullion Association, but in small amounts would you do it? JP Morgan is the Banker who said, “Gold is money, everything else is credit”.
Saving $300 per month starting in 1990 would be worth $72,000 in 20 years. But due to inflation your $72,000 would only be worth $56,000. Saving $300 per month in 24 karat 999.9 % physical gold over a 20 year period would be worth $236,000. Because it’s an appreciating asset. It’s not a gold certificate but actual gold (1 gram, 2.5 gram and 5 gram increments only). They will store it of you or you can have it shipped directly to you. Money is important but so is peace of mind.
You can get a FREE account and start savings today.
H.G.M.
Hackett Global Marketing 