Why You Should Buy Gold Coins in Case the United States Dollar Collapses
Regardless of what economists you follow, you always have to pay attention to the fact that there are Australian economists out there that have been able to successfully predict the recession, housing bubble collapses, and many other economic troubles that the United States has seen. These are economists that believe in the free market and they have very strong economic backgrounds. They know the fundamentals of an economy better than any other type of economist, and they believe that buying gold coins is something that everyone should consider. Why do they believe that you should buy gold coins? Buying gold coins is recommended in case there is a United States dollar collapse. This could happen at any time, all that it would take is for the economy to go into another Great Depression. The reason why this would happen is because of severe inflation and overspending. The United States prints its money through the Federal Reserve, which is responsible for all of the dollars that you see in the economy. They can literally print money through the Federal Reserve at any time that they want. They print money for wars, they print money for political reasons, and they do it without auditing themselves or making their spending habits aware to the American people. So in actuality, you can't really trust the government to spend their money correctly, or should I say, your money. The tax dollars that you pay could be wasted on things that you are not even aware of. Below, you will find many reasons why you should buy gold coins and invest in your future.
#1 - Gold coins will retain their value even if the United States dollar collapses
Gold is something that cannot just lose its value because the economy collapses. Gold is something that you actually have to put effort into, in order to get it from the earth. It's not free to harvest, it takes time, energy, and money. For this reason, it always retains its value in times of economic trouble. The famous Congressman Ron Paul even believes that the United States should go to a completely gold standard, getting rid of the Federal Reserve and getting away from printed money. This would restrict the government to only spend the money that they actually have in their possession, so debt and inflation would be controlled and we would not have economic collapses like we see today. Recessions are still possible on a gold standard, but they would not be nearly as severe. In fact, most people don't know that in the last recession, we were threatened by a Great Depression but by bailing out the banks and the car industries, we avoided that but only temporarily. One day, the recession will return and if you have invested in buying gold coins, you will have money by your side to support you.
#2 - Gold coins are always easy to sell
If the United States dollar were to collapse, you know that you could sell your gold coins because they would be the only thing that retained its value after the collapse. Printed money would suddenly be worthless and your gold coins would be extremely valuable to others.
#1 - Gold coins will retain their value even if the United States dollar collapses
Gold is something that cannot just lose its value because the economy collapses. Gold is something that you actually have to put effort into, in order to get it from the earth. It's not free to harvest, it takes time, energy, and money. For this reason, it always retains its value in times of economic trouble. The famous Congressman Ron Paul even believes that the United States should go to a completely gold standard, getting rid of the Federal Reserve and getting away from printed money. This would restrict the government to only spend the money that they actually have in their possession, so debt and inflation would be controlled and we would not have economic collapses like we see today. Recessions are still possible on a gold standard, but they would not be nearly as severe. In fact, most people don't know that in the last recession, we were threatened by a Great Depression but by bailing out the banks and the car industries, we avoided that but only temporarily. One day, the recession will return and if you have invested in buying gold coins, you will have money by your side to support you.
#2 - Gold coins are always easy to sell
If the United States dollar were to collapse, you know that you could sell your gold coins because they would be the only thing that retained its value after the collapse. Printed money would suddenly be worthless and your gold coins would be extremely valuable to others.
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