Tag Archives: gold

There Are Many Reasons to Have a Gold IRA

In 1971 the US dollar was taken off the Gold Standard. The fiat currency experiment is now 51 years old and dying. Fiat currency by definition is money that has indirect market value or is given legal tender status by government fiat. Money here in the United States is called Federal Reserve Notes. Our money […]

Gold Is More Relevant than Ever

Turn on the television or read a newspaper. It is a sickening repetitive message to buy the dip in the stock market. It is a constant promotion to stay in the fiat banking system and all of the paper investment products out there. The fact of the matter is that things have changed. The buy-the-dip […]

Reckless Money Creation Is the Main Reason Many People Own Gold

Many reasons are given for wealth preservation through physical gold. We have talked at length about inflation, government debt, and a bubble in stock and bond markets. The mother of all bubbles has now been inflated to obscene levels because of abnormally low interest rates for an extended period, even negative rates in some instances, […]

Governments have Nationalized (Stolen) Retirement Accounts

We have talked about the debt here in America many times. Do you know the last US President to decrease the national debt while in office? Calvin Coolidge was the last President to decrease the national debt while in office in 1929. President Reagan took office in the early 80s and the national debt stood […]

Absolute Reasons to Own Gold

The Fed has controlled the money since 1971. In 1971 the US dollar was taken completely off the gold standard and became complete fiat. Alan Greenspan came to the rescue in 1987 as the 13th Fed chairperson. As everyone knows by now, we have to say chairperson, not chairman. When a female Fed chair is […]

Tips for Selecting a Quality Gold Dealer

Once a client understands that our financial system and our currency are rigged. Everything from currency to stocks to bonds and even real estate is artificially manipulated through corporate subsidies, intervention, bailouts, and interest rates. True diversification requires a position in physical gold and/or silver. There are many dealers selling gold out there. So how […]

Money Is About Trust, and Our Paper Money Is Losing Its Trust

Money can be any item or confirmable record that is generally accepted as payment for goods. Money is also used for the payment of services and the repayment of debt such as taxes. Money is supposed to be a medium of exchange, a unit of account, a store of value, and sometimes a standard of […]

Brief History of Gold in the United States

From 1879 to 1933 the United States was on a gold standard. There were two forms of money at the time. Paper bills were convertible into gold, and gold was easily converted back to paper bills by the bank. A person could have a $20 bill in their pocket as well as a $20 gold […]

The Numbers on Why You Should Own Gold

Gold is a store of value. It holds your purchasing power when paper fiat money does not. Remember in 1971 the US dollar was taken off of the gold standard. Since that time and the “temporary” move, our money is backed by nothing but a promise. It was a promise by the government to pay […]

Side Panel Text Widget

Aliquam erat volutpat. Class aptent taciti sociosqu ad litora torquent per conubia nostra, per inceptos himenaeos. Integer sit amet lacinia turpis. Nunc euismod lacus sit amet purus euismod placerat? Integer gravida imperdiet tincidunt. Vivamus convallis dolor ultricies tellus consequat, in tempor tortor facilisis! Etiam et enim magna.

Midas Gold Group