Unveiling the Truth: The Enduring Value of Gold and the Illusion of Government Finance

So 10 gold bars in 1929 would buy you an average home and 10 gold bars in 2024 would also buy you an average home. So what’s going on here? Well, inflation is of course, a massive factor. But what’s truly at play is the gradual erosion of the dollar’s value over time. Meanwhile, gold has and always will stand the test of time, not just holding its value, but appreciating in lock step with inflation. So what’s the real issue here? There’s a couple of must see videos that I’m gonna pop on screen now and ones from Jerome Powell, the head of the Fed in the US the real problem is not the high taxes themselves, but the fact that they are not even really funding the government. So who’s financing the government? Government is financed by Treasury bonds, paper. And who buys the Treasury bonds? So we, you know, we as a central bank, we have the ability to create money and we do that by buying Treasury bills or, or bonds or other government guaranteed securities. And that that actually increases the money supply. Mostly the Fed. And how does the Fed buy them? We also print actual currency and we distribute that through the Federal Reserve banks by printing money. But what backing does the Fed have for that money being printed? The Treasury bonds themselves. So basically, you finance the government by printing money out of thin air. The real problem is that you Pay high taxes only to uphold the illusion that you are funding the government, which you are not. To drive the point home even further, let’s talk about what some of the big boys have been doing with their gold reserves the last 10 years. So China has doubled up gold reserves, now standing at over 2,000 metric tons. And Russia has nearly tripled their reserves to over 2,300 metric tons. These nations that rival the US clearly understand the enduring value of gold and the declining value US dollar. Now one thing remains crystal clear, investing in precious metals is a rock solid strategy. If you wanna see my 3 other bulletproof investment recommendations, the link to my ebook is in my bio.