Thursday, April 28, 2011

Why Buy Gold?

Gold is money. This has been a fact since well before the introduction of paper banknotes. The public is generally unaware how currency came into being. What is certain is that without gold, there would never have been any form of currency anywhere in the world.
At one time, gold and other precious metals were the only means of trade throughout the world. Gold was considered a source for acceptable exchange or recognized as a method of payment for goods and services. As we progressed into the modern age, gold began to be stored in safes and vaults resulting in paper currency being circulated in its place. People accepted that this paper was secured by gold and that it corresponded to its exact face value.
The Gold Standard was introduced in 1821. In 1834, one US dollar had a parity value of 1.504632 grams of gold. The Gold Standard was abandoned in 1914 with the outbreak of World War 1. It was later re-established in 1928 but due to the relative scarcity of gold, The Gold-Exchange Standard was adopted by most countries supplementing gold reserves for currency dollars. In time, debt and rising interest rates forced an increase in the manufacture and circulation of paper currency and the disparity between the true value of gold and that of paper currency resulted in a scissor-like divergence.
With the devaluation of the dollar and growing debt, the Gold-Exchange Standard was unilaterally removed by former US President Nixon in 1971. This meant that direct convertibility of the United States dollar to gold was no longer needed. This act was known as the Nixon Shock. This led the way for governments to print as much paper currency as they required. The real value of money was lost.
Paper money is a product manufactured by human hands, which can be replaced at any time. “People who own gold, possess money in perpetuity.” This slogan was sent around the world and was quoted by none other than Alan Greenspan, former chairman of the US Federal Reserve (1987-2006).
In times when currency was scarce as was the case in Germany between 1945 and 1948, one could buy a house for five grams of gold and three grams of gold would provide for an entire family.
Gold is financial security for you and your family!

Saturday, November 13, 2010

Solid GOLD CO. Seeking Marketing Partners Worldwide

Can You recognize opportunity Knocking? 16 Year old company seeking Independent Marketing Partners who are looking for long term financial security. You will have no setup fees, no monthly fees so absolutely no out-of-pocket costs. KB Gold needs you to setup a Worldwide distribution system.

This company has the world's first and only "gold backed' savings accounts. It is one of two companies, in the world, that produces and distributes 1 gram bars, and the first and only company with the smaller weight 1/2 gram and 1/4 gram ingots and bars enabling more people to buy-sell-own and control the commodity everyone wants...GOLD! Think about it. How many people can buy Gold by the ounce or by the bar. And what happens in a crisis? Could you take a gold Bar to the grocery store to buy your weeks groceries? You could take your 1/2 or 1/4 gram Gold bars anywhere in the world and exchange them for products or services.

KB Gold has the Gold Mines. KB Gold Has the Refinery. KB Has the Production Facilities and as a KB Partner you will be the sales force. KB Gold has opened up 5 countries with their Gold Backed Savings Accounts. You could be one of the first KB Marketing Partners to open your country.

If you are interested in making serious money with the KB Partner Compensation Plan, view the details in a webinar recorded on Oct. 12,2010:

http://vur.me/rholzhauer/goldfromkb/

Two very informative videos can be found at:

http://10fingers.goldfromkb.com/

Saturday, November 6, 2010

ESCAPE FROM THE DOLLAR

For centuries, buying gold has been recognized as one of the best ways to preserve one's wealth and purchasing power. Gold is a unique investment, one that has served mankind well for thousands of years.
From the time of the ancient Egyptians, Greeks and Romans to more modern times, man has been fascinated with the beauty and magic of Gold, and with its power to change men's lives.
 
After WW 2, the US Dollar was pegged to gold at a rate of US $ 35 per troy ounce. This rate existed until 1971 when the US unilaterally suspended the direct convertibility of the United States dollar to Gold. At that point the separation of Gold from the dollar began. For example, the value of Gold in 2000 was approximately $300 per ounce. Just recently, Gold hit another record high at $1393.58 per ounce That is an increase of approximately 460%. During the same period of time the Dollar has dropped about 20% with a recent closing of 1 USD=0.000717643 Gold Ounce (Conversion Chart: http://www.xe.com/ucc/ ). To put it into prospective, many years ago you could buy a suit with an ounce of Gold or a $20 bill. Today, you can buy a fine suit with an ounce of gold and buy a shirt and tie with a $20 bill. Well, maybe just a shirt.
 
With the existing policies of the US Government and the Federal Reserve Bank, in the United States we may have a 2 headed snake. On the one side we have a tidal wave of debt ( Debt Clock: http://www.usdebtclock.org/ ) on the other side we look into the eyes of hyperinflation. (Extremely rapid or out of control inflation. There is no precise numerical definition to hyperinflation. Hyperinflation is a situation where the price increases are so out of control that the concept of inflation is meaningless.)

In Feb.2010 Federal Reserve Chairman Ben S. Bernanke warned Congress that the United States could soon face a debt crisis like the one in Greece, and declared that the central bank will not help legislators by printing money to pay for the ballooning federal debt.
In Nov. 2010 The Fed has reversed its position and now plans to purchase $600 Billion of U.S. Treasury Securities by Mid 2011. (Plus much More.) They are going to accomplish this with 'quantitative easing' which some might say is 'fire up the printing presses and shower wads of cash into the financial system.' Which comes first the collapse of the dollar or hyperinflation?

NOW BACK TO GOLD! The true Value of Gold is shown in times of crisis. A small amount, easily carried , can purchase a significant amount of goods and services. It is universally accepted and can be bought and sold around the world. Economist & Investment Guru Mard Faber suggests, "Everybody should accumulate gold over time. I would recommend people to buy, every month, some gold forever."