Dear readers,
This is a very well presented documentary that will give you an objective view of what is in store for the future of the global economy. Please do not view this as fear mongering, but simply a presentation of facts that need to be addressed very quickly. It is our belief that eventually the western world will come to its senses and make the proper changes necessary to stabilize and grow our economies, in REAL economic terms. However during this period of adjustment we will have to struggle through some rough times and much higher gold and commodity prices.
For those of you who struggle with the idea of owning gold because mainstream financial media is always discounting the idea of gold as an investment, when compared to stocks, bonds and mutual funds, please consider the following:
- Gold has been a store of wealth and value for over 5000 years, have any of your stocks or mutual funds been around that long?
- Gold is NOT a company or a fund so it can NEVER go bankrupt or be worth ZERO. Can any company or fund claim this?
- Gold is "MONEY" that has NO debt attached to it, can any government currency or company say this?
- Gold cannot be created out of thin air, unlike all fiat paper currencies that governments issue today.
- If central banks around the world always have some gold stashed away, why should YOU be any different?
- There is always the right time and wrong time to convert a persons assets into gold (notice I didn't say invest). Over the last ten years it has obviously been the right time because of economic conditions and we believe the current conditions are far worse, and people should be converting even more assets into gold than before.
Folks, at the core of it all GOLD is really financial insurance not an investment. It should be viewed as something that will maintain your standard of living during economic uncertainty. The best way to view gold is to ask yourself, "what can I buy with one ounce of gold today (after it's coverted to any global currency) that I could have bought 20, 30 or 100 years ago?" You will find that one ounce of gold will afford you the same quantity of goods and services throughout history. Show me a government issued currency that has been used for the exchange of goods as long as gold, and I'll show you a pig that can fly.
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DISCLOSURE: Gold Coins Canada (hereinafter GCC) and/or any of our emlpoyees do not have any type of financial or otherwise relationship with the National Inflation Association. GCC does not receive any type of compensation or funding for posting their video. GCC or its employees are not members of their publication.
