Gold is money that governments cannot debase
By 余雅倫 (Sun East 孫東)Gold isn't an investment the way most folks see it. A hundred shares of Coca-Cola is an investment. An income-producing rental property is an investment. Gold is "real money" and thus is a crisis hedge.
We buy gold and hope we never have to use it… just like we do with auto insurance. The sooner people learn gold is not a conventional "investment," the better off they'll be.
If you're late to the party in realizing this, you're not alone. The majority of brokers, financial advisors, and fund managers have no idea this is the case.
Gold has increased in value for 11 consecutive years. No widely traded asset or index has done that for more than 100 years. It's the most extraordinarily consistent price run I've ever seen!
If gold and silver were to collapse 50% it would be one heck of a sign that Federal Reserve and the Elites are taking the right steps to get our economy on track. This would create a fantastic environment for owning stocks, bonds and real estate.
I wouldn’t mind losing some money on my gold/silver if the other investments are improving. But I am not holding my breath and waiting for the “creature” to become saint!
This chart or any other charts are controlled and manipulated by the Elites first thing in their morning. If you put your money on their “monopoly” board (chart) you will simply lose all control of your money.
Physical yellow metal cannot be debased or printed. This chart can fall off the board and gold will still be as solid as ever!
Regardless of what you think will happen over the remainder of this decade, one thing seems virtually certain: the value of paper money will be affected, perhaps dramatically.
Even if the economy slipped into deflation, the deflation wouldn’t last long. A panicked Fed would print to the max and set off a wild rise in prices. This is why we’re convinced currency dilution will not only continue but accelerate.
Clearly, one should not assume that gold will perform poorly during a recession. Even in the crash of 2008, gold still ended the year with a 5% gain. And with the amount of currency dilution we’ve undergone since that time, it seems more likely gold will rise in any economic contraction than fall.
Indeed, if the response of government to a recession is more money printing, precious metals will be a critical asset to have in your possession.
Email Sun East at: suneast@singapore-11.com