E Gold Investment – Real Value

E Gold Investment - Real Value

 

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The disadvantages of a monetary system without any underlying real assets are becoming more and more clear to us.

Only “paper” is used in credit card transactions. It is not sustained by objects made of material. If the customer who made the transaction doesn’t pay, the retailer is usually out of luck. E-gold investments are different since every transaction is backed by the corresponding amount of gold.

Think of it like this: The merchant doesn’t actually have anything of value to back the transaction when you pay with a credit card. By giving you a “commitment to pay,” they are letting you support it in reality.

Simply said, if you don’t pay your bill, they won’t be paid. This suggests that if it happens frequently, as it is in the economy at the moment, many businesses won’t have any incoming money.

On the other hand, with E gold, it feels like you are giving the precise amount of gold required to pay for the items or services you are purchasing when you make a purchase.

It reminds me a lot of how things were in the past. Consider the old west, when a person would visit a general store and pay for their purchases with a set quantity of gold ounces. The idea behind e gold is that this had actual, palpable value.

Paper money today is only as reliable as the institution that backs it. Unlike in the past, it is no longer directly linked to a gold reserve. In the past, the government kept a billion dollars’ worth of gold stashed away in a vault for when it created a billion dollars’ worth of cash. They didn’t print any additional currency over and above their existing gold holdings.

That is no longer the case, at least not in the United States. The debt mentality serves as the foundation for our existing monetary system. The Treasury is not constrained by any true gold standard and is free to issue new money whenever and however they see fit.

Many people think it’s inevitable that we’ll go back to measuring the amount of money in circulation using the gold standard. The fact that our currency is not “supported” by anything is one of the causes of the current economic crisis.

Given that practically every nation in the world recognizes the value of gold, investing with gold-backed currency is becoming more and more popular. It might be difficult to invest internationally when different countries’ currencies are worth different sums of money.

However, when you invest with eGold, you can count on a fixed value because the investment is backed by real gold bullion.

Go online to find out more about investing in e-gold. There, you may get all the details you require to explain the idea and the benefits of making investments that are backed by actual gold reserves.

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This site contains affiliate links to products or services. We may receive a commission for purchases made through these links. However, this does not impact our reviews and comparisons. We try our best to keep things fair and balanced, in order to help you make the best choice.

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Category: Finance