December 27, 2009
Posted by Adam King on December 27, 2009
Buying certified gold is a means of investment. Gold is a hedge against inflation, a means of protection against rampant inflation, war, and political turmoil. Buying certified gold can also be viewed as a means of voting.
In the 1950’s and early 1960’s, many Germans living under communism “voted with their feet.” They walked across the border between Russian-occupied East Berlin to West Berlin with only the clothes on their backs. The situation became so embarrassing to the Russians that they built the Berlin Wall.
East Germans fled to the West because they had little opportunity and no legitimate means of expression. This was not the only situation where people vote with something besides a ballot. Today many in the United States and throughout the world feel are “voting” for the oldest means of financial security for themselves and their families. Buying certified gold is voting for safety when the dollar slides, voting for economic security when the regulators of Wall Street fail in their trust, and when the politics of the nation are in gridlock and reduced to name calling.
Buying certified gold is a guarantee of quality and of value in a world that has learned, by painful experience, to distrust politics, leaders, and the value of the nation’s currency. Today, while the politics of the nation goes on, a subset of the population is voting every day with their money, by buying gold. Like the East Germans who walked to a better future, those who invest part of their assets in gold stand to preserve their standard of living regardless of the direction of national politics, the duration of national wars, and the seemingly endless slide of the nation’s currency
Stewart Lawson
Senior Staff Writer – Certified Gold Exchange
Categories:
US Gold Market