Ask About Gold by Michael E. Ruge - HTML preview

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A Golden Answer to Paper Money

 

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continually fluctuating causing prices to rise and fall, we have no security or stability in our economic system. Moreover, we have no say in regards to the management of our country's financial methods. Fiat currency is consistently losing its value as the government produces as well as distributes more of it.

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Gold has the awesome capability of be a means of currency that holds worth which will remain stable and secure for the centuries to come. To illustrate this point, let's look at the definition for money which is widely used by economic experts. Money must be a medium of exchange that keeps its purchasing power as well as store of value for a long period of time. Store of value basically means that a particular asset can be retrieved, saved, and exchanged at a later time. Gold fits into this definition perfectly due to its unique attributes.