Showing posts with label fiat currency. Show all posts
Showing posts with label fiat currency. Show all posts

Thursday, 17 December 2015

Gold - A Symbol of True Money

An investor who wishes to create wealth for himself has to invest in gold as it is the only way to invest in true money. It is called ‘true’ as it has lasted longer than 5,000 years and will continue to outdo the fiat currencies in circulation around the world.
           
Gold is a unique investment and is understood to be true money because it is not created by a government trying to develop and redistribute wealth in an economy. All government-created currencies like “dollars, rupees, pounds, & euros, “are fiat currencies. Their value more often than not is controlled and manipulated by the government issuing them.



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