Why do we believe you should own gold?
Because our country's founding fathers were skeptical of total Government power and control, we too should be wary of that occurring
again. They knew absolute power can corrupt absolutely, so they
built an unrivaled democracy based on a
system of checks and balances.
Yet, since the Federal Reserve System was created in 1913 to
conduct the nation's monetary policy, supervise and regulate banking
institutions and maintain the stability of the financial system, the U.S. government, and foreign
official institutions, it has ballooned into a large
bureaucracy heavily influenced by powerful politicians and privately owned
banks.
Additionally, an entity outside
of our nation's central bank
(the U.S. Department of the Treasury) has the sole authority to print the
currency we use. As much as they want, any time they want. This currency
is no longer backed by gold reserves, but by faith in our government. In other words, the money is only as good as people
believe it is.
Over time our system of checks and balances has been
seriously altered by powerful lawmakers, private banks, an independent
treasury and foreign governments. The possibilities – and realities –
of corruption or simply poor judgment have created new and greater risks.
Add to that the evolution of an irreversibly linked world
economy that can seriously impact our nation's currency value. It all just
seems to warrant owning gold as an insurance policy in the event our
currency is heavily devalued.
Investing just a portion of your finances in gold, a
tangible asset – accepted worldwide – that rises as the dollar falls will
enable you to continue your lifestyle by liquidating your gold rather than
other lifelong investments. It's just smart to not put all your eggs in one basket
(the stock market, real estate, hedge funds, or even gold), but to diversify.
