I've discussed this sponsor several times in my blogs. I have rejected some posts from some sponsors, but I am behind this one. Gold really is a recession proof investment.
In the great depression countless millionaires stood on the street corners in New York trading priceless treasures for a few dollars. There is even one story that mentions a man who had three priceless antique Swiss mantel clocks. Each one worth more than $10 000 at the time. He said, 'what good is the clock if I starve.' So he traded each one for a 'good' meal.
If he had gold, at home (not in a bank) he would have been able to trade gold for food. That is because, even in a recession as bleak as the Great Depression, gold can be traded because it retains its wealth. Any local jeweler will take gold or silver.
Buying gold has been recognized for centuries as the best ways to preserve wealth and purchasing power. Gold bullion is a unique investment. From the time of ancient Egyptians, Greeks and Romans man has valued gold bullion. Today, the beauty of a gold bar lies in its ability to diversify investments, protect wealth and preserve one’s purchasing power.
Monex Precious Metals is the largest hard asset company serving the precious metals investment needs in America.
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