From page 35 of Dr. Pick’s pamphlet, we find some history as well as some advice. “America’s first currency exchange concerned the old Continental dollar. The Continental was first issued in 1775, with the promise of redemption in hard money. The promised redemption never took place, and within six years, the quotation was 500 or 1,000 paper Continentals for every Spanish-milled silver dollar. Finally, in 1789, Alexander Hamilton redeemed 100 Continental dollars for one “new” dollar. The original issue was over $200 million; less than $2 million was paid out in silver redemption. The U.S. Government was the profiteer. This is what is happening all over again today.”
Of course, it’s quite obvious that the dollar’s decline is perfectly measured by the price of gold. Gold has gone from $20.67 to $1250, or a 6,000% inflation rate. Save in dollars or gold? The buck, while it is still the world’s strongest paper (un-backed) money in the world, it is as insecure as it always has been. 20 cents a gallon for gas and nickel Cokes when I was a kid, to you know what now. Same Cokes, and same gasoline, but the buck has lost its value, and of course will have to continue to do so. It can be no other way. Can a leopard change its spots? Can the Swamp stop spending more than it takes in, thereby making politicos lose their next election? Fat chance, be they Republicans or Democrats. I love Donald Trump, and if he had his way, he’d stop all legal or illegal infestations for about a decade, and then let in a few who we want, because of their English speaking, and education. Trump, if he had his way, would put an instant stop to any new partaking of the welfare state of any kind, and the remaining be made to take drug tests for further eating at the trough, and mandatory work. It won’t happen, as all politicians, including Donald Trump, want to get re-elected, and if that happened, Trump’s re-election would never happen, and we’d be a Venezuela in a few short years, with Bernie as dictator.
Continuing with Dr. Pick, on page 35: “You must protect your future. You must buy gold. Gold prices are low now, it is a good time.” (When this was written, gold was probably less than $50 an ounce). “I’ll tell you again, gold is always the single best holding for preserving your assets. Currencies come and go; gold endures. The yellow metal always outlasts government efforts to suppress it. Governments fall. Gold remains… solid and indestructible. – Don Stott – 1-888-786-8822 coloradogold.com