By Doug Young

Holding Gold Vs Cash

This video puts forward a strong case for investing in gold bullion and demonstrates how historically gold has held its value whereas in comparison the value of cash has continued to erode.

Should I Convert My Money To Gold?

Here are some facts to consider:

  • One ounce of gold today will buy you the same as it would have 2000 years ago and also 100 years ago
  • The value of the US Dollar has declined by 98% since the foundation of the Federal Reserve in 2013
  • Gold is increasingly being seen as money and is in demand in many consumer products
  • Central Banks in 2011 were net buyers of gold for the first time since the collapse of the Bretton Woods System in 1971
  • Many analysts believe that China is about to increase its official gold reserves by around 700% which will make its reserves equal to those of the US
  • Whereas previously the Chinese Government banned their citizens from buying gold they are now actually encouraging them to do so
  • Gold is rare and global production is falling
  • Gold is durable and cannot be debased, it has no nationalilty and it is liquid
  • The value of US Dollars is directly related to the extent to which their supply is strictly limited

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About the Author: Doug Young

Doug YoungDoug is a highly experienced professional and widely trusted authority in financial investing, commodity trading, and precious metals. With over 20 years of expertise, he helps others make informed decisions by sharing a combination of personal experience, extensive knowledge and meticulously researched information on gold IRAs, precious metals investing and retirement planning. He regularly writes and publishes news items on these topics. He has considerable experience of evaluating Gold IRA and Precious Metals Companies, gained over a period spanning more than a decade.

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