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The Number One Reason to Invest in Gold…


Mac Slavo
February 10th, 2013
SHTFplan.com

 

With the the U.S. economy having once again dropped into negative recessionary growth, currency wars around the world heating up through direct and indirect devaluations, and trillion dollar fiscal deficits piling on, how is it possible that the stock market, a key measure of economic health for many Americans, is touching near all time highs?

Marin Katusa, Chief Strategist at Casey Research, suggests that this effect can be traced to monetary machinations that are happening behind the scenes, where few people are willing to look.

“Because they’re printing and making the availability of money so easy, the market is really confused right now,” says Katusa.

The reality is that literally trillions of dollars have been borrowed and printed to bail out the United States and Europe, and much of that money has been injected into stock markets to give the appearance of recovery.

It is, at best, an illusory effect.

Given that more people than ever before are out of work, over half of American households are dependent on some form of government disbursement to survive, and prices for essential goods like food and energy are consistently rising, it’s only a matter of time before confusion in financial markets turns to panic.

And when it does, just as we’ve seen throughout history, only real, tangible assets will be of value.

One such asset that has always maintained real value in times of calamity is gold.

Despite arguments that gold doesn’t grow like typical modern day investments and simply sits in a vault gathering dust, according to Marin Katusa in a recent interview with Future Money Trends, there is one key reason for why it should be in your diversified basket of goods.

The number one reason to invest in gold is insurance.

Because of the massive liquidity and the dilution of, not just the US and not just Bernanke, but all of the major countries – they are a printing press… The main reason to invest is because gold is money.

Before they had fiat currencies – that’s the currencies like today… there was gold.

The Romans. The Egyptians. The Babylonians.

For thousands of years they used gold before they used these fiat currencies.

And, every time in history a fiat currency ends in disaster.

We have recent examples. If you look at what happened to Yugoslavia, or Zimbabwe, or even Germany with their fiat currencies… gold always holds true value.

That’s why we believe gold is a true, original money.

I think at least you can see with gold, it is the insurance policy to bet against the bankers.


Watch at Youtube

With all of this money – literally hundreds of billions of dollars – being thrown into stock markets by leading financial institutions that were just a few years ago on the brink of insolvency, there are massive price distortions happening across the board. This includes rising stock markets, one of the key benefactors of the Federal Reserve’s printing press.

Another not so positive effect (at least not for the American people) are ever increasing prices in the free market, something that Katusa says is going to continue:

[There is a] One hundred percent [chance of inflation].

You can guarantee these three things in life: Taxes, Death, and Inflation.

Inflation is coming… I just don’t know if it’s next week, or in six months, or twelve months.

But the reality is, it’s coming.

That’s why if you have a percentage in gold, you’re covered.

It’s an insurance policy.

When all fiat monetary exchange mechanisms fail, only one asset has stood the test of time as a store of wealth.

Gold is and always has been an insurance policy.

It will be the only thing left standing when the U.S. dollar, the Euro, the Yen, and other paper currencies are inflated to oblivion by their respective governments.

Make sure you have some when that happens.

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  • Honest Harry’s Used Cars

    The ONLY reason to buy gold today is, because you somehow have convinced yourself, all the hype about gold will continue to bring in more people into the gold marketplace. If you believe the growth in gold buyers will outweigh the gold sellers, then the price of gold will not crumble.

    If it weren’t for all the populist hype surrounding the gold craze, the price of gold would crash. There is a tremendous amount of Internet advertising and biased commentary that is driving the gold craze. Don’t believe it?

    Then just ask yourself, -what are all the people who are selling gold exchanging gold for?

    That’s right. In this country, the gold sellers are all taking DOLLARS in exchange for their gold. The very same people who are hyping gold, are exchanging gold for DOLLARS.

    One reason not to buy gold is, even a babysitter is capable of stealing your gold if you keep it in your house. Just imagine how much gold is stolen every year!

    Is your gold safe? You’d better call the insurance company, and see if they are covering your losses if someone steals your gold.

    • Gooooooooooooold

      I love comments like above. Shows me that people haven’t caught on yet, meaning that there’s still time to buy. Let’s revisit this in a while and see who was right. Either Honest Harry’s Used cars will be laughing at me with my worthless gold, or I’ll be sitting on gold worth a fortune.

  • viper25

    Yes they sell for Dollars, but they turn around and reinvest in more gold. Rinse and repeat. They sell for a profit and reinvest that profit. Geese so easy. They buy it low and sell it high, then do it again.

  • Gordon Barlow

    “Imagine a new-born baby being given a $35 gift certificate in 1971 and
    his twin given a one-ounce gold coin. Guess which of them would be the
    most pleased today.” I wrote that as part of a blog-post in March last year called “Gold and other currencies”. Gold is indeed a store of value, like it or not. The whole post is accessible through Google at “Barlow’s Cayman”.