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The biggest criticism of gold is that it produces no returns and that it is unproductive.
In recent news India has targeted gold imports because its citizens are putting money into gold purchases that are then unproductive and this is said to be a negative for the country. I want to show how this accusation of "unproductivity" is actually completely bogus.
The fact is that ALL stores of true wealth are unproductive. That is inherent in the concept of being a store of wealth.
The best the banker elite have been able to devise is the so called "bond" which is a paper substitute for a true store of wealth. Trillion of dollars of wealth are currently nominated in these so called paper bonds issued by government.
The truth is that despite paying a "return" in the form of interest the bonds themselves are not productive. The paying of the return is completely illusory since the return is created out of nothingness. No real work or item is produced in the machinations of the banking elite. The "returns" are merely an opium substitute that keeps the system sedated enough to continue working for a time.
Here is a 101 of money creation.
An economy is productive in the goods and services it creates. The population increases, the are of cultivated land increases, more holes are dug in the ground, efficiencies go up and this is the real production or growth in an economy.
If the money supply were static, then these extra goods and services would mean that their prices would be always deflationary since money is more scarce than the goods.
So what have the banking elite created? They have taken it upon themselves to create the extra money that now represents these extra goods and services in the economy and by so doing they are in effect able to steal the entire growth of the economy for themselves. They create the money representing the extra goods and services and therefore own the entire excess production (after all they could just spend the whole extra amount created on the excess to own them - remembering that the goods and services are real world work and effort and the creation of the money is effortless).
This is the way the banking elite are able to own the entire world and its continuing production of growth in excess goods and services.
The money that they distribute and create continuously to keep the machine going is completely illusory. There are no true stores of wealth. Everything is susceptible to fiat decree. Money exists one moment and it doesn't another.
Gold is the only antidote to this theft. It produces "nothing" but it secures "everything". In a system obsessed with growth and the raping of the world of all its value and resources with no regard given to the true storage of wealth and value gold is the bringer of sanity, honesty and sustainability.
