This site is for those who have never considered purchasing gold because they thought it was too expensive to purchase it by the ounce or as gold coins.
If you are an experienced investor, this site is not for you. Simply go through this portal to purchase gram gold, and to learn more. Click here.
For those of you who are still here, this will help you understand the basics of gold.
Usually, gold is considered to be something only the very rich or the very wealthy are able to buy. This is no longer true.
Since the crash of 2008, there has been a new perspective and much activity regarding gold. It is now available by the gram. Being able to purchase gold in small, gram amounts has a great advantage as it makes it affordable to most everyone. The majority of people can afford to purchase a gram of gold once a month, and some perhaps even once a week.
Why would you want to save in gold?
First of all, we have to realize that while saving is a good virtue, as it protects someone for retirement, the “rainy day”, or for the large purchase in the future, there is a better way to save, and that is in gold, not currency. The reason is that gold has held its purchasing power over time. Gold has always been considered valuable, no matter where you look in history. Not only that, gold maintains its value. The dollar, or paper currency, does not maintain its value.
It is necessary to understand why gold maintains its value, while dollars or paper currency do not. Paper currency is subject to inflation, or devaluation, while gold is not.
This may seem confusing, but when you understand how paper currency is created, it will make more sense.
Paper currency is also known as fiat currency. Originally, real money was gold and silver. The advantage of having gold and silver was that it could not be duplicated. A person either had a gold or silver coins in his pocket, or he did not. Because coins were heavy, and also due to other political and economic reasons, the monetary system changed from gold and silver coins to paper money.
Paper money was easier to carry and lighter. However, there was one problem. It could be easily duplicated. The government learned it could print money to pay bills.
The problem with printing money is that the more there is of anything, the less it is worth. It is the law of supply and demand. The more dollars are printed, the less they are worth. This leads to inflation. It also leads to what is called the devaluation of the dollar. This means that each dollar is worth less.
When each dollar is worth less, it takes more dollars to buy the same amount of gold. Years ago, gold was worth $34 dollars an ounce. Recently it was valued at over $1300 an ounce. All that means is that dollars are worth quite a bit less because there are so many of them and it takes more of them to buy the same amount of gold. It is not so much a revelation of the value of gold, as the value of the dollar, as so much more printed paper fiat money is required to purchase the same amount of gold.
If you put dollars in a savings account, even though it is a good thing to save, the problem is that due to the increasing number of dollars, and inflation, your currency (the value of paper dollars) in the savings account will lose value. Prices will rise and those dollars you left in the savings account will buy less and less.
However, if you put the same number of dollars in a gold savings account, by exchanging dollars for gold (with no fee), as the value of dollars are worth less, the value of your gold will rise (meaning it takes more dollars to buy the same amount of gold). It is a bit of a tricky concept, as actually, gold is not worth more, it is always basically the same value, but the number of dollars to buy the same amount of gold increases, as the value of the dollar decreases.
In other words, if you save in gold, proportionately, you will not lose value in the same way that you will lose value if you save in currency, as the gold keeps pace with what the dollar is doing by requiring more dollars to buy the same amount of gold. It seems like gold is worth more, but gold actually maintains a fairly constant value that simply reflects the devaluation of the dollar. Sometimes the markets are manipulated, but overall, gold keeps pace inversely with the value of the dollar. As the value of the dollar goes down, the value of gold seemingly rises.
It has been said that no matter when you use gold in history, in Roman times, at the beginning of the 1900′s, or today, that one gold coin will buy the same thing…a good suit of clothes and shoes. So it is not the value of gold that changes, but the value of paper money that is reflected in the price of the gold. Where an ounce of gold may have cost $34 once, it may now be over $1300. The important thing to understand is that gold basically holds its value in history.
It is because of this that you should consider having long term savings in gold. Now this is not something where you are buying and selling gold every week. This is long term savings. When people have long term savings to prepare for retirement or emergencies, they don’t pull the money from those savings accounts every other week.
Think about when the 2008 crash happened. People who had long-term savings in stocks or 401K accounts or things that were measured in dollars, lost value, as the value of these things went down. If they had had everything in gold, the value would have gone up. Overall, the price of gold in dollars has risen since that time.
Yes, gold goes up and down, but this is saving for the long haul. Over time, the value of gold rises. The value basically keeps pace with the currency of the day.
So consider saving in gram gold. It is affordable. There is nothing to buy, so to speak. All you do is change the value of your dollars into gold.
In order to do this you need to open a gold account (click here). If you go to this site, you can register, and then follow the steps. If you have questions, there is a contact box on this site. Look for the contact tab above.
This company began creating this system of gram gold after the crash of 2008. It uses an affiliate system worldwide, which means that anyone who invites you to this company which is only advertised by those who know about it, may make a commission. Then again, when you are the person who shares the concept, you will be in the same position. It is, in fact, the only way the company operates, through satisfied customers and affiliates and word of mouth advertising. You do not need to share information about the company in order to have a free account. It is a highly successful program.
Check it out today. It is free to register an account. It is free to hold an account. The company is debt-free. Learn more at the website by clicking here.
Should You Wait?
Should you wait to buy gold? Or should you begin now? That is a decision only you can make. However, there are some things that should be pointed out.
The dollar has been the world’s reserve currency. That means that countries have traded in the dollar. It was considered a sound currency, however, that is no longer true. The US is $17 trillion in debt, and economists tell us there is even more debt off the books that is not being included in that figure. Nations are beginning to look for ways to do commerce without the US dollar. China no longer wants to buy US debt, which means, China no longer wants to buy the US dollar.
What could happen as a result of all these things? Inflation. Historically, countries that have printed money have ultimately had inflation, and then hyper-inflation. If you click here, you can find out about when Germany’s money went through hyper-inflation. Quoting from the article, “Many Germans literally carted wheelbarrows of cash to pay for groceries.”
The point is, the US dollar is currently headed down the same road. The government has printed lots of dollars that are not backed by gold as the dollar was removed from the gold standard under President Nixon. No one knows exactly what or when things will happen, but the general consensus is that the outcome will not be good for the American dollar.
If you have dollars that you are currently saving in some way, however you are doing it, consider saving in gold. If the value of the dollar continues to deflate, or inflation continues to rise, then your gold will be a safe storage of wealth. People point to the price of gold, that it has decreased, but experts believe that the price is being artificially held low.
A gold savings account may be opened for no fee, and there are no monthly or yearly fees. This company that has gone international into many nations is debt free, therefore, it does not require fees for the accounts to be opened or maintained. Click here to open your free gold savings account.