Now is the Time to Find Out About Gold as Money

Reddit

It’s not too late to sign up for the gold conference in Canberra next month. The conference is run by the Gold Standard Institute of Australia. You can find out more about it here.

If there was ever a time to find out about gold as an asset class and gold as money, it’s now. With gold making new highs side by side with the Dow, we reckon a lot of people will put off looking into gold because it seems like everything in the economy is back to normal. That’s not the case.

It’s a big mistake to trust the sooth platitudes from politicians and economists right now. Remember, these were the same schmucks who didn’t say a word as the world’s biggest credit bubble ever inflated. Now, all they do is blame corporate greed.

What they don’t want you to investigate – perhaps because they themselves don’t understand it – is that there is no free market economy to speak of at the moment. And nowhere is that more true than the market for money. The government has granted a monopoly on the supply of money to organisations made up mostly of bankers. Their main goal is to get you into debt and keep you there.

Gold is not anyone else’s liability. And the government can’t print it. For thousands of years, people have found it to be most useful, stable medium of exchange and store of value. If you don’t quite understand that yet, or why it’s the case, or what to do next, you should learn more. The gold show is a good place to start.

Dan Denning
for The Daily Reckoning Australia

Dan Denning
Dan Denning examines the geopolitical and economic events that can affect your investments domestically. He raises the questions you need to answer, in order to survive financially in these turbulent times.
Reddit

Comments

  1. …they say you can’t eat gold, sure you can eat it…and nine yards later, it’s still edible…unlike digestible money, food booze menthol cigarettes bark…shampoo which are practically useful as one transaction…why even a baby knows this…

    Reply

Leave a Reply

Letters will be edited for clarity, punctuation, spelling and length. Abusive or off-topic comments will not be posted. We will not post all comments.
If you would prefer to email the editor, you can do so by sending an email to letters@dailyreckoning.com.au