Gold – The Key To Financial Freedom And Security
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According to the World Gold Council, gold’s popularity continues to surge, driven by increasing industrial and jewellery manufacturing use, in accessory for very strong investor demand – from individuals and institutions.
You should invest in silver to curb the inflationary affects of your country’s paper fiat. Silver hedges up against the rise and fall of currency and will definitely protect the buying power of money over free time. You should also invest in silver because silver reserves below ground are running information about. As this happens, you can expect a lot of speculators enter in the market. The price of silver will soar and increase amount cash you have because of this reserves you possess.
At the top of gold’s last bull market in 1980, the nominal high price was $850. To reach that same level a good inflation-adjusted basis today – using the CPI as calculated from your government – the price would rise to around $2,000 and $3,000. Exactly what if the U.S. opted to return to some gold standard to back its paper dollars? Gold would need valued at more than $6,000 per ounce.