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(NaturalNews) Ever wonder why we accept paper for money? Well, that's easy - just ask any politician. "Come on now, how's the government going to spend money for bailouts of friends and new spending programs, if we can't create it out of thin air," might be the reply. Now, if this politician can be halfway open with you, s/he might continue, "Once we got gold out of the way - like no need to back the paper with anything, all the government needs to do is make a bookkeeping entry to get new money to pay bills. See how easy that all is?" (Do you feel the heat rising up the back of your neck yet?)
So, you needn't worry about how extravagantly your friends in Washington spend. Why? Because they control the printing press. This is where it stops making sense. If when you needed money for bills or pleasure, you simply printed money on your copy machines, they'd call it counterfeiting. Counterfeiting is a federal offense. So why don't these guys go to jail? The total of the government's financial obligations tally around $70+ trillion dollars. There's no way to pay this huge amount of debt. Even to make an attempt (that is, by printing more paper) will water down the buying power of every dollar you hold. It's called hyperinflation!
Buy gold and silver today if you can still find it - because the government knows gold is the enemy of counterfeit currency. The absolute liquidity of gold means you can turn it into cash just about anywhere in the world. No other asset has earned the degree of worldwide recognition and respect as has gold. Gold is easy to hide and easy to transport.
Smart people know this - that's why, when the currency starts to go bad and inflate, gold goes into hiding and becomes scarce. That's what we're seeing today. Don't wait to buy gold; buy gold and wait. You'll sleep soundly, even as the financial crisis deepens.
Remember, up until this last century, gold was the world's money. Once the corrupt governments get trapped with their phony money schemes, they'll have no recourse but to adopt an honest, gold-backed dollar, just as our founding fathers had originally intended. If they don't, we'll experience a financial, economic, and political collapse. All those without gold will be unable to stave off insolvency and bankruptcy. Precious metals are our only honest hope in these uncertain times.
In all types of national emergencies, be they wars, disasters, civil unrest, or the collapse of our money, gold will pull you through while your other assets will invariably fail or deteriorate. Gold is your safety net and it would be wise to acquire as much as you can today.
The question still remains, why do we accept paper for money? It's because we've been conned and duped by slick-tongued, fast-talking politicians into accepting counterfeit currency for the real thing - gold! You might be too young to remember it, but this isn't going to be the first time the U.S. currency crashed. As a young nation burdened by debt, we saw the continental dollar destroyed by inflation. We saw the same fate happen to the greenback dollar in the 1860's, and of course, with the collapse of the confederate dollar, all was destroyed by debt and inflation.
Now, the Federal Reserve dollar faces the same fate. However, there was one period of time in our history when the U.S. was as close as it ever was to being debt-free. That was in the late 1800's. The U.S. produced more goods and services, more imports, than all the other countries of the entire world combined! Amazing and pathetic to think we allowed our country to be brought to its knees by creating massive amounts of debt and attempted to pay it with worthless paper. That's a sad, pathetic joke on us.
So why were we able, at one time in the past, to see such bountiful prosperity? Because we had the gold certificate dollar and the silver certificate dollar that could not be destroyed by inflation. Why? Because gold cannot be created from thin air! It's as simple as this: honest money. Let's face it; we've let those crooks in Washington trash the constitution.
Article 1, Section 10 prohibits "...anything but gold and silver as tender in payment of debts." It's only the return to honest money that can save any nation, and it's only your accumulation of honest money in the form of gold and silver that will save your personal finances.
- Peter Ragnar
About the authorPeter Ragnar provides cutting edge information in health, longevity, raw and living foods, human excellence, and financial protection, particularly in the area of gold and silver investments. He is the president of both Roaring Lion Publishing and Golden Lion Mint.
www.PeterRagnar.com
www.GoldenLionMint.com
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