3 Reasons Why I Own Gold & Silver
#1: The return of inflation
You heard about inflation, but do you know the cause ?
Take a look on money supply over past years ? Do you think it is reasonable ? Does it increase in line with GDP or anything else ?
Goverment are printing money. Physical gold and silver are "true" money, and every fiat currency today is not.
#2. The Current State of the Global Economy
High level of debt, deficit spending, and trade imbalances. Get look some infographics:
We have two major measures: (1) Share of global debt as a percentage, and (2) Debt-to-GDP.
Let’s look at the top five “leaders” in each category, starting with share of global debt on a nominal basis:
Together, just these five countries together hold 66% of the world’s debt in nominal terms – good for a total of $41.6 trillion.
Next, here’s the top five for Debt-to-GDP:
The United States has now run an annual trade deficit for 40 years in a row.
#3: Everything is in Bubbles
Government bonds have been in a bull market for 36 years:
The stock market has tripled since 2009's lowest level:
Real estate values now exceed their 2006 peak:
However, gold and silver are at a one-third and two-thirds rate below their 2011 highs, respectively. In my opinion, they are the only underserved real estate class left today, and will flourish when other sectors collapse.
My blog use some information from below web:
Ref:
https://goldprice.org/
https://tradingeconomics.com/
https://goldsilver.com/blog/mike-maloney-the-top-10-reasons-i-own-gold-and-silver-new-video-series/
http://www.visualcapitalist.com/
yep, invest gold or crypto now. :D
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
http://www.gold-eagle.com/article/top-10-reasons-i-own-gold-and-silver
Congratulations @ducqn90! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Do not miss the last post from @steemitboard:
Vote for @Steemitboard as a witness to get one more award and increased upvotes!