Return to the Gold Standard
Whether or not the stock market is pricing correctly in a devastating double dip recession remains to be seen.
But gold bugs are still betting that more trouble is coming.
Gold hit a record price on Aug 18, 2011 1830 dollars an ounce during the trading day.
This has my next guest ringing the bell why the United States dollar should return to the gold standard.
A practice ended by president Richard Nixon forty years ago this week.
Does he see a growing likelihood or a robbery returned to the gold standard here to discuss.
As the one and only — I say one and only now because we’re friends but because you have come to personify the wisdom of the gold standard in America.
So Lew make for me in a short period as time as you can the case for returning to a gold standard so that the dollar is backed by gold as it was forty years ago this month.
The case for the gold standard is really the case for American prosperity.
The Great Wealth Transfer
There will soon be a paradigm shift in our economy and way of life that will result in a great transfer of wealth. A common recurring economic cycle throughout history marks rising inflation as the precursor to the fall of economic systems based on fiat (paper) currency.
Precious metals have always been a safe haven and a hedge in high inflationary times. They have maintained their value throughout history as they are not subject to systematic risks in the manner paper money lends itself to. Use it as a hedge to protect your hard earned wealth against inflation and other threats of devaluation. Cornerstone Asset Metals was established to help guide investors safely in and out of the precious metals market.
Learn more about the Great Wealth Transfer and why those who position themselves in gold and silver will find true wealth and prosper.
» Contact Cornerstone Asset Metals today to learn more about buying gold and silver as an investment.
» Watch Terry Sacka on the: Wealth Transfer Show
Past performance is not an indication of future potential values.