Why Invest in Goldbacks
Gold has proven throughout history to be the go-to asset to have in times of financial stress and crisis. If you’re a little hesitant to buy these Goldback gold notes, here are some reasons why they’re worth buying now.
Your Hedge Against Inflation
Gold has always been a top choice for investment when inflation starts to rage. But until now it has been an opportunity only available to the wealthiest members of society. Who can afford to buy a 400 ounce bar of gold, or a kilogram bar, or even a one ounce gold bullion coin?
With Nevada Goldbacks costing only a few dollars each, the time-tested inflation hedge of gold is now within everyone’s reach.
Buy Nevada Goldbacks and protect your savings against the declining purchasing power of the fiat paper dollar!
An Alternative to the Fiat System
The fiat monetary system that dominates worldwide, though advantageous to governments and bankers, is inherently unstable, fragile, and inflationary. Fiat currencies (for example paper or digital dollars) don’t have any intrinsic value and therefore can be, and are, created without limit, usually to finance government deficit spending or to bail out the favored few. The whole paper currency fiat system is based on government decrees declaring paper “money” to be valuable. All it takes is a change in public confidence in government or its currency, for this system to collapse and the government’s “money” to lose its value, In times of high inflation, this is especially true.
Goldbacks, as a form of commodity money, have an inherent value due to the scarcity and value of gold. This time-tested monetary metal, sometimes called the “money of kings” and even today stockpiled by central banks and the wealthy, has proven throughout history to hold up well against inflation. Secure yourself from looming financial crises by converting some of your paper fiat currency savings into gold commodity money without losing the convenience of spendability with Nevada Goldback notes.
Goldbacks Can Be Your Shield Against Systemic Collapse
With the US inflation rate hitting an official high of 8.5%, you can’t completely ignore the risk of combined economic slowdown and even higher inflation (“stagflation”), which could ultimately lead to a systemic collapse even worse than the stagflation Americans witnessed in the late 1970s. While you can’t avert this risk at the national level, you can personally shield yourself from its adverse effects with Goldbacks.
Retain the value of your hard-earned savings with Nevada Goldbacks.
Goldbacks Are Spendable
One of the biggest problems with traditional gold investments is that they can’t be spent on their own. You have to exchange your gold bars or coins for paper or digital fiat currency to be able to use that stored wealth to buy things. While this may not seem to be a big issue when you’re looking to invest in gold, you also need to consider the cost and convenience of exiting your investment “on the back end”. How do you spend a bar of gold, or a gold coin? Increasingly, Goldbacks can be spent directly, without incurring the cost and inconvenience of selling into dollars. The liquidity of Goldbacks is reported on here: https://www.reuters.com/news/picture/with-inflation-gold-notes-and-cards-find-idUSKCN2MJ0S7
As Dr. Mark Voelker, a board member of the United Precious Metal Association, said, “The Goldback solves a 2,600-year-old problem in that gold can be spent in small, interchangeable increments.”
In addition to holding its value during times of financial uncertainty, gold has also proven to be a reliable asset and profitable investment when the world is stricken by geopolitical uncertainty. This is why gold is often referred to as the premier “crisis commodity”. Historical evidence shows that the value of gold tends to increase the most, and increase most rapidly, when the public loses confidence in their government and currency. Made with 24 karat gold, Goldbacks can be your crisis commodity, one that you can use to incrementally build your wealth while also preparing for an uncertain future. You can tuck Goldbacks away as savings and spend them privately in an emergency.