One Cent Piece Coin

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Gold holds its own against the Dollar by

I often say to people about the money in their pocket, it has very little value today. Why? Because a $100.00 note and a $1.00 note are made from exactly the same materials, in the same quantity as each other and those materials used are worth practically nothing.
However, if we go back to the latter 1800's and take a $.50 cent piece which was made up from 90% silver, it had value in its own make up. The $1.00 coin had twice as much silver which made it worth twice as much. The value was made by the silver content within it.

Can you see what I am saying? No? Well, today, one of those $.50 cent coins that have 90% silver content are worth $5.00. How can that be? I hear you say. Well, they hold there value and always will, inflation will make sure of that. As the Dollar gets less and less, silver & gold will rise and rise. If you buy it now, you can be sure it will rise within in a few years time and keep on gong for years to come.

Three silver dimes in 1964, would have bought you a gallon of gas; gas cost roughly $.27 cents. Those silver dimes today are worth a $1.25 each; those three silver dimes would nearly buy you a gallon of gas plus about $.25 cents in today's Dollar value. That's three dimes from 1964.

So what is happening is this, the price of gas hasn't gone up, it's the value of the paper Dollar that is going down. Inflation is causing deflation to the paper Dollar. Why? Everytime the government creates more money using their own money tree called the Federal Reserve (see, money does grow on trees), it takes your Dollar down in value a small percentage. Overtime this all adds up.

Its like this, if you have 10oz of gold and 100oz of gold exists in the whole known world, well then you own 10% of the worlds gold. Let us say that 10% gold you have is worth $100.00 and that is the world recognised value for 10oz of gold. Now let us say a huge amount of gold was discovered equalling to the same amount already in existence. That would devalue your 10oz by half of its price. The more you have of something, the less worth it becomes. There is only so much gold in the world that has been found, this is why it is called a precious metal. In fact, such a small amount of gold is in known existence that you could fill a space of 20x20x20 yards when its all melted together into a cube.

This is exactly what is happening to your Dollar. The Federal Reserve has a licence to print money whenever the government needs debt paid off and so dumps more paper money onto the market and devaluing yours. Only 5% of the money created is in physical paper money, the rest is in digital format. It could not be any easier, clicking a few buttons actualizes millions, if not, billions of Dollars.

It is an unsustainable method to create money whenever we feel like it. Eventually the Dollar will go to zero; it is on an uncontrollable inflation course straight into the ground. To protect yourself I will tell you this, go and buy gold and silver bullion. It doesn't have to be in coins and you don't have to store it a your home or business, you can buy online and have the gold never leave the vault where you buy it from, they can store it for you and I guarantee you this, gold is an investment product that can not just be created out of thin air like paper money can, it will hold its value in times of uncertainty and it will be worth more and more as time goes on.

Why settle for paper when you can have gold.

In a effort to inform people of the impending Dollar disaster, I am writing this article and more. Visit my website to find out where to buy gold online at http://www.wheretobuy-gold.com and veiw my blog where I will update it often with new the new articles I write at http://howtobuy-gold.blogspot.com
Thank you for your time in reading this article.

Article Source: http://www.earticlesonline.com/Article/Gold-holds-its-own-against-the-Dollar/352994

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