Gold (Au) Protect your estate and hold gold as a wealth preservation asset class,
with its unique monetary qualities recognised throughout the world and across all cultures, especially the
fact it has no 3rd party liability gives gold its unprecedented position within our monetary system.
As Alan Greenspan (ex Federal Reserve Chairman) stated in 2014...
"Remember what we're looking at. Gold is a currency. It is still, by all evidence, a premier currency. No fiat currency, including the US dollar, can match it !"
To help clarify that statement above, and to give understanding to the functionality of Gold as a monetery asset we turn to Mr Rickards...
"Gold’s role as money is difficult for investors to grasp. One criticism of gold is that it has no yield.
Gold has no yield because money has no yield. In order to get yield you have to take risk…"
"Hold you cash (or money) in a bank involves risk, as you actually become an “unsecured” creditor of a bank
- you are actually lending your money to a bank to earn a yield."
Gold is undoubtedly your premier insurance against turbulent markets and economic crisis.