Money. Money was once backed by Gold. Gold and other precious metals when used outside of the United States speaks a lot. Gold was taken out of the U.S. economy in 1934 when the last of it was confiscated during the depression, and later replaced by the fiat money that we use today. Money when you look at a dollar bill states that it is not legal tender and can not be used to pay debts. If you read my last blog, this topic continues off where that one stopped. There are only really three major names that control the banking system.
To buy an ounce of Gold is One Thousand, three hundred and thirty dollars. Now, I don't know to many people who work a nine to five that can afford to buy gold at that price. There is a company that sells gold in three sizes of 1g. 2.5g, and 5g. All 22K of real gold. This is gold that when you are ready to cash in you can by either selling back to Karatbars or through a Jewelry store that buys gold.
It is now time to invest in yourself not only through periods of economic change, but to have to pass down to your children or to have when you really need it. This is a great opportunity to invest in gold.
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