In these uncertain economic times, many of us are looking for ways to save and create more where there is less. One option that has sprouted wings is Cash 4 Gold. The reason for this is very clear.
Many people are taking advantage of high gold prices to turn unwanted jewelry into cash, but others wonder whether cashing in their old gold is an idea whose time has not yet come. Couldn't gold prices go a lot higher? they are asking.
Gold hit a record high of over $1,000 per ounce this month as it did in March of 2008. After a little correction it stands at $939.00. Experts and Gold bugs believe the metal is still relatively cheap. In inflation-adjusted terms, the previous high of $850 an ounce in 1980 translates to about $2,200 today. Can we anticipate such a price anytime soon (see Gold The Barbarous relic you can trust)? Gold Investors buy gold because they want something that doesn’t have a question mark behind it. Does the yellow metal depends on its lenders? No. Are its earnings at risk? No. Does it have any toxic assets? No.
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If the face of all this economic turmoil we are glad that there is something that can be a safe haven or a hedge against inflation and recession. As much as the pundits want to defame Gold and Silver, the proof is in the pudding.
Gold is the best performing asset in the world right now.
Investors are realizing why Gold is so precious: it retains purchasing power better than any other currency - hands down.
This is why it is making all time highs in several world currencies that are growing weaker by the day.
A new phase in the Gold price increase is about to be entered upon, regardless if a correction first appears as suspected.
- The reason the market will be flooded with trillions of deflating paper dollars
- Demand for Gold and silver has quadrupled since 2008
- More and more average investors see the Gold and Silver and "Real Money"
Note that it is possible for Gold to make a run at its all-time high without first correcting.
Why Owning Paper Dollars Will Bankrupt You
The founding fathers were concerned about the unrestrained control of the money supply. One thing they all agreed upon was the limitation on the issuance of paper money.
Thomas Jefferson warned of the damage that would be caused if the people assigned control of the money supply to the banking sector.
"I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a money aristocracy that has set the government at defiance. This issuing power should be taken from the banks and restored to the people to whom it properly belongs. If the American people ever allow private banks to control the issue of currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children will wake up homeless on the continent their fathers conquered. I hope we shall crush in its birth the aristocracy of the moneyed corporations which already dare to challenge our Government to a trial of strength and bid defiance to the laws of our country" Thomas Jefferson, 1791
Jefferson and many of the founding fathers experienced the damage caused by fiat currency.
History has shown us that tying Gold and Silver to the dollar was the only way to keep are system honest. When that was abandoned 1971 by then President Nixon we have seen nothing but waves of inflation, deflation and recession. The real storm in the ocean has begun to reveal itself and we cannot contain a tsunami. The only thing we can do is protect ourselves, families and move to higher ground.
The Bullionaires Club is moving it's members to higher ground by showing members how to earn Gold and Silver Bullion. Using system of direct sales and networking, members are able to acquire bullion at 60% less than market and earn dollars. Though we advocate acquiring as much Gold and Silver as possible, we also realize that Dollars are still used to purchase goods and services. So, our members can earn an income to pay bills, food, shelter and buy other things of value. Join us as we create a movement of fellow Americans helping on another to earn Gold and Silver Bullion plus Cash.
