If you want to shield yourself then buy gold and/or silver - the...

  1. 67b
    2,044 Posts.
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    If you want to shield yourself then buy gold and/or silver - the only true money.

    As governments continue to print their fiat currencies and allow more QE then you will see that only gold and silver are true money.

    For example:

    In 1970.
    Gold approximately $25 an ounce.
    One pasty costs 7 cents.
    You could buy 357 pasties with an ounce of gold.

    2016
    Gold approximately $1800 an ounce
    One pasty costs $5
    You can still buy 360 pasties with an ounce of gold but ONLY 5 pasties with that $25.

    Gold and silver - real money - maintains your spending power.
    Last edited by 67b: 10/07/16
 
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