Like Carl Sandburg’s “little cat feet”, gold and silver bullion are beginning to quietly creep into the monetary system as people start to trade paper money for gold and silver money. Ironically, as the fog begins to lift, the early movers to gold are starting to come into view ……… and they are – are you ready for this? – the creators of paper money – the central banks around the world.
Gold – The Gold Standard of Money
Here is a simple fact for you to ponder – The world’s central banks bought 500% more gold in 2011 than they did in 2010. And what did they use to buy gold? They used the fiat paper money they created as a substitute for gold money? If you have doubts about the value of owning gold and silver – ask yourself this question – Why do all central banks (including the US Federal Reserve Bank), own gold bullion and why are they now starting to buy and own more gold bullion than they have at any time since the world went off of the gold standard in 1971? My conclusion is that they know that because they are expanding the paper money supply so much in order to finance growing sovereign debts, it is only a matter of time before paper money starts a rapid devaluation process and they want to own the most durable, portable and reliably scarce physical asset that the world has ever known before the rapid devaluation of paper money takes place. If you have a better explanation, please contact me and let me know.
If the trend of central bank gold purchases continues where will this leave us? Well, the logical conclusion would seem to be that the bankers will own all of the gold and the general trusting public will own the devalued paper money. Wouldn’t it be ironic if this is the point (i.e. when the bankers own all of the gold), that the ruling class decides to go back to the gold standard where they measure an ounce of gold as being the equivalent of $5000. Stated differently – not a bad deal for the bankers if they end up buying all of the gold for an average price of $2500 an ounce and end up setting the value of gold at $5000 an ounce when we go back to the gold standard. The value of the bankers gold money doubles while the value of the public’s paper money goes down at least 50%.
Listen closely. As the fog recedes, the music is starting and the bankers are buying all of the chairs. This isn’t the time to be dancing.
The Gold Standard – Beat the Rush
If this concerns you – do as the bankers are doing, and start buying gold now, while you still can. The longer you wait, the more it will cost you and the less your paper money will be worth. Do it now. Before the music stops.
For the right gold bullion products at the right price, call 1-800-APM-GUIDE.
Ron Miller, President and Founder – Atlantic Precious Metals LLC
Phone: 1-800-APM-GUIDE (1-800-276-4843)