It should come as a surprise to no one that gold investing is the best possible way to approach the fiscal problems we are facing in the world.
Posted by Adam King on February 22, 2012
Gold Investing in the Era of Negative Income
February 22, 2012 – It should come as a surprise to no one that gold investing is the best possible way to approach the fiscal problems we are facing in the world. Unfortunately, it is a surprise to some. As are seeing austerity riots break out in Spain, because the youth of that European country cannot find any meaningful job whatsoever, we need to consider where we are in the progression of economics to understand the true meaning of gold investing in our day.
Our baby boomer generations, who worked hard all of their lives, are now beginning or planning to begin the process of retirement. Coincidentally, the growth curve in this country mirrors their participation in the work force. We produced more and rebuilt more of this country in the 1960’s and 1970’s than at any other time in the twentieth century and possibly more than at any other time in our country’s history.
In the sense that our greatest generation had the ability, means, and opportunity to work they were incredibly lucky. This is not to belittle any of the difficulty or hardship that comes from a life of working hard in the American market or raising the next generation, but to point out that the growth curve has clearly moved on to its next phase. The time for wealth generation is over. American youth from the age of twenty-eight downward will never make as much money as the generations that preceded them. This is an ugly truth, but it is the truth.
If the time for wealth generation is over, the time for wealth investment has already begun. How you invest your money can literally determine the quality of the lives of the next generation of Americans. By the time you pass your money to those you love and care about, how much less with the American dollar be worth? Another 30 percent? Perhaps, especially considering the Quantitative Easing programs that literally cannot stop without imploding the economy.
Gold cannot lose value in that way. It is clad against the dilution of currencies and the loss of purchasing power that is occurring in every US dollar. Gold yielded an 11.6 percent gain last year and over 24 percent the year before and you can own your gold and hold it yourself, ensuring that the wealth you own gets to the next generation in the condition you expect. Gold investing is the twenty-first century method of investing.
Stewart Lawson
Senior Staff Writer – Certified Gold Exchange
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US Gold Market