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Gold is the way to go, not cash

Oct 31, 2012 Letters

 

 

Dear Editor,
Gold is an amazing commodity. Gold has launched wars, destroyed and created whole societies. For thousands of years gold has been the trusted medium of exchange, and for hundreds of years had been the reserve currency of developed nations.
Today, there is revived interest in gold. Central banks are net buyers of gold bullion, and more and more individuals are buying gold and silver. That’s because gold has intrinsic value as money anywhere on the globe. Gold maintains its value as fiat currency is debased as central banks print Trillions more paper notes on the pretext of stimulating ailing economies.
In fact, these robber-baron governments are implementing their secret agenda to monetize massive national debts, that is, paying interest (rarely principle) with paper currency of ever-diminishing value.
On the other hand gold has been good for investors to own. Owning gold is an excellent way to diversify almost any portfolio. Hedge funds, banks, and other institutional investors have been buying gold, particularly in the last few years. The price of gold shows the bulls have been in control for years, pushing the price of gold up four-fold over the past ten years.
Responsible citizens and prudent investors protect themselves and their wealth against the ambitions of over-reaching government authority and debasement of the currency by owning gold.
Raw gold, silver and gold stocks will bring to you real money. The world is in real crisis. Paper money is in excess and inflation is advancing at a rapid pace. Geopolitical crisis are also looming and gold will glitter.
Be smart! Make sure you own gold, silver and gold stocks instead of paper money. Gold producing countries like Guyana also stand to progress tremendously and will rapidly boost its economy as a result of this reality.
Mr. Nazar Mohamed
Gold Trader
Mohamed’s Enterprise

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