October 18, 2013
The most logical financial reason is Governments, cannot reproduce gold as they can, with the fiat currency, paper money. It's why gold, will provide financial benefits, in our retirements future investments.
Gold and many other investments have had a ridicules roller coaster ride recently. Investing is always going to be a calculated risked, without a doubt. If you think differently, watch your investments vanish.
Difficult to understand why it has reacted the way it has to all the news from Congress. Is it being used as a cover up, to resolve all the other financial fiscals? Shutdowns, the debt ceiling, unemployment, foreclosures and cities in America declaring bankruptcy.
Gold will always have a demand, for the simple reason; it has a value that will be hard to compete. China has taken the role to becoming the worlds’ most successful currency and overtakes the American dollar as the most trusted fiat currency.
No one can predict how much gold China has in their back pocket. They have played a brilliant game of poker. They have the hand of a lifetime. They have the control of this asset, not just yet, but they are on their way.
They will be able to monitor the fiat currency, backed by their holdings, “with this asset, gold.” The question is how much gold is actually in Fort Knox? We all have heard rumors, so no need to bring it up. There is no gold locked up; it is all on loan, what they call "loan gold" more than one person buys the same bar of gold. How many own it, another myth.
Why l decided to take some time off, from writing on this topic. Had to understand the trends, effects, and why it was reacting the way it was. Finally seen a trend, on why it reacted the way it was! The newest trend that was introduced a long time ago has the same effect. Propaganda created by the media. Is what controls all commodities, options, stocks and your assets?
All you have to do is drive a vehicle to see the up’s and downs, of how OPEC, controls how far you drive. Gas prices are an absolute factor with hyperinflation! Transportation kicks in, so everything that is delivered is increased due to fuel prices.
Food is the biggest factor, with hyperinflation we all need to eat and feed our loved ones. You see it at your local grocery store, meat, vegetables, bread; daily items we use have all, increased in price. It's only the tip of the iceberg. Could share numbers, but who cares? They are only going up in price, so not going to make a difference.
On this blog, there are many logical ways you can protect yourself and play your hand as efficiently as you can, with the odds being perceptive. Still may not work out well, after all; investing will always be a gamble. Only 2 percent of the world’s population invests in gold.
Some of you who read this article may feel; the same way l did. Here is an article that can provide solutions on how to protect your future savings or how to save for your retirement.
You can do it, in this time frame, or you can do it, in this period.
All you have to do is pick one!
All the Best,
Joseph F. Botelho One Gram at a Time
