Is Gold Really Money? Take This Quick Quiz.
If you burned your paper currency, what would you have left to spend? (Nothing)
What would you have left to spend if you burned a pile of gold? (The same amount of gold as before!)
Would you believe me if I told you that cash isn't money? We are on the verge of a financial crisis. With the Fed printing more and more currency, it is due for a collapse by the end of this decade like nothing we've seen before in human history, and it seems that Mr. Bernanke is oblivious to this fact.
Let's Compare Money and Currency Side by Side
Currency is a medium of exchange, a unit of account, portable, durable, divisible and fungible (units of equal value that are interchangeable).
Money is a medium of exchange, a unit of account, portable, durable, divisible, fungible (units of equal value that are interchangeable), and A STORE OF VALUE.
Gold is considered the only true money because it is DURABLE (It can't be destroyed) and it is a STORE OF VALUE (an ounce of gold in 1931 would buy the same amount of goods as it does today, if not more. A dollar buys much less today than it did in 1931. And now, with Karatbars, gold is available in small, transaction-friendly weights making it FUNGIBLE as well. The perfect solution to the upcoming financial crisis.
Karatbars International provides a system for exchanging your paper currency for gold on a weekly or monthly basis using dollar cost averaging. Learn more at http://www.doublechex.com
