Sunday , 19 May 2024

Owning Gold Bullion Can Help Boost Your Global Net Worth! Here’s Why (+2K Views)

Today’s  world is as uncertain as any we’ve seen in some time. Sovereign-debt crises threaten  major economies in Europe and Japan and the fiscal state of the United States  is the worst in non-wartime history! It’s  no surprise, then, that investors are becoming increasingly attracted to the  safety, anonymity and purchasing-power preservation that comes with bullion  ownership. That being said, one of the most-often-overlooked benefits of bullion is its ability to help you  increase your wealth across currencies, so today I’ll show you how owning  physical metals — and the most-precious of them all, gold in particular — can help you to boost your global net worth! Words: 896

So says Tom Essaye ( in edited excerpts from his original article* entitled Your ONLY Protection from the Coming Currency Wars.

 Lorimer Wilson, editor of (Your Key to Making Money!), may have further edited ([ ]), abridged (…) and/or reformatted (some sub-titles and bold/italics emphases) the article below for the sake of clarity and brevity to ensure a fast and easy read. The author’s views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article. Please note that this paragraph must be included in any article re-posting to avoid copyright infringement.

Essaye goes on to say, in part:

Governments Worldwide Keep Printing Themselves into a Corner

Our  politicians’ solution to a mountain of debt is to add more! Ballooning  deficits and crushing debt have been the result of the financial crisis of  2008, and each year those debt loads the world over have gotten bigger and  bigger – and it’s not just the United States that is trying to borrow its way out of a stagnant  global economy. Japan, Europe, Brazil, South Korea and many other nations are  keeping interest rates ultra-low. They are also encouraging — nearly forcing — countries and individuals to  borrow money – and this adds even more to the mountain of  debt across the globe.

One of the only logical ways these governments will ever get out of their debt-ridden  messes is to debase their respective currencies and while this  might sound benign enough we have never before seen so many governments  attempting the same thing, i.e. actively depressing their currency in an  attempt to boost economic activity and weasel their way out of paying back  their debts. This  action by the world’s largest governments has sparked the beginnings of a  currency race to the bottom, or better termed a “currency war.”…

The Currency Wars:   How to Pick the Winning Side

As governments actively devalue their currency it’s causing  their trade partners to do the same thing, devalue to stay competitive and this  vicious cycle plays out over and over again until all currencies have lost a significant  amount of purchasing power. Meanwhile, investors who own assets in those currencies are left holding the proverbial bag!

There are certainly ways investors can protect themselves… but  buying stocks and bonds still leaves you exposed to an area of risk — the  currency those assets are priced in. For  instance, you can own U.S. Treasuries, German Bunds and Japanese bonds but  what if all those currencies decline in purchasing power simultaneously — a  very real possibility in the future? Then,  your investment would suffer because the currency is declining. Your hedging of  risk would have provided no real benefit. Gold  bullion, however, eliminates this risk.

Bump up Your Buying Power: Long Gold Means Being Short Every Other Currency in the World!

Gold  bullion is the answer to the currency wars, because it is the only asset you  can own that simultaneously lets you short every other currency in the world — all  at the same time.

While  most people watch the gold price in dollars, keep in mind gold is also priced  in euros, yen, won and every other currency. In  fact, most people don’t realize that, while gold has had a nice run in U.S.  dollar terms, gold priced in yen and euros has produced equally good returns, and at some points even-better returns than the gold price in dollars so,  unlike insurance policies, bond holdings or other “safe” investments, gold  bullion has the ability to rise in value against every currency in the world — at  the same time!

Think  of it this way. Say I’m right and currency wars do erupt. [Suppose] it’s five years from now, and exchange  rates among the major currencies are roughly where they are now so, while the euro is still 1.31 to the U.S.  dollar, both currencies have declined  big-time against hard assets like oil, corn, copper, steel, coal and real  estate. My  gold bullion, however, is much higher than it was — not only avoiding the loss,  but most likely booking a profit, too.

[The end result is that,] while my friends and colleagues going on vacation abroad complain about how “expensive”  everything is, my gold bullion has gone up in value against the euro, yen,  pound, real, and very other currency in the world — making me wealthier across the globe!

How Can the Currency Wars Help YOU Increase Your Global Net Worth?

A  European vacation at a fraction of the price thanks to my gold bullion  increasing its value with the real purchasing power of the euro has declined —  yes, please – and  it’s just as easy for you to do the same.

•  Only by owning gold bullion can  you simultaneously hedge yourself from the currency wars on the horizon and

•  only by being a savvy  investor can you see the value of your investments rise across all currencies,  turning the threat of simultaneous currency debasement (the currency wars) into  an opportunity.


Adding  gold bullion to your portfolio is the only way to truly protect yourself from  potential currency debasement and preserve your purchasing power and standard  of living. Other  investments simply don’t do the trick. That’s why it’s imperative you own bullion  — not just for the potential increase, but also to ensure your hard-earned  money holds its value the world over.

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