Paper money, or currencies of the world (dollars, euros, yen, etc.. ) are fiat currencies, meaning they are backed by nothing.
Inflation, world events, politics, financial bubbles… all have drastic effects on paper currency’s value.
The more dollars that are printed into circulation, the less value that money has.
Gold is inflation proof.
Gold is the only money that has never failed in the 5,000 year history of its use by humans.
Experts are advising their clients to have at least 5% – 40% of their assets in gold as a hedge against inflation.
Gold has outperformed every asset class since 1969.
Gold’s average annual return = 11%.
Gold will never go bankrupt.
But the real question is… would you rather save your wealth in Dollars or Gold? If you answered Gold… you’d be correct.
Here is the proof…
If you bought $100 worth of goods and services in 2003… you would need $125 to buy the same goods and services in 2013. That means if you saved that $100 in a bank in 2003, in 2013 it would be worth less.
However, a gram of Gold in 2003 was priced around $15… today, a gram of Gold is around $65. So if you were to have saved $100 in Gold rather than dollars, you would have increased your wealth.
Now keep in mind the value of the Gold did not change, but rather its the dollar that got weaker. And at the current rate we are heading with inflation and the national debt… this trend shows no sign of reversing.
Need to cash in your Karatbars?
Karatbars International makes it easy to cash in your Karatbars for dollars should the need arise. You can either sell them directly back to Karatbars International for fair market price, or post them on Karatbars forum, where many of people are buying and selling Karatbars daily. And since Karatbars are recognized around the world… You can also sell to any professional Gold dealer should you need to cash in immediately.
So it just goes to show… the best way to preserve wealth is through saving gold.