Did you know that Silver and Gold are money?
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Money, unlike government issued paper currency, is a store of value as well as a medium of exchange.
Money, unlike government issued paper currency, is a store of value as well as a medium of exchange.
Gold and silver each have value outside of the monetary system; gold is sought after for jewelry and stored as a precious metal in constant demand because of its beauty and unique properties.
Silver too is used in jewelry and, like gold, is collected as a precious metal, but even more than gold, silver has value because of its many industrial uses in processes and as conductive components in computer semiconductors, solar panels, batteries and alternative uses such as water purification, anti-bacteria applications and much more.
In today’s economy with the value of the Federal Reserve Note falling everyday (reported to the public as increasing prices and inflation) it’s more important than ever to consider converting paper currency (substitute money) into physical real money. And, as the value of the US Dollar paper currency falls, gold and silver will continue to hold their value – even increasing in value as more and more people try to exchange their paper currency for assets with stable and intrinsic value.
Right now both gold and silver are massively undervalued in terms of US Dollars because of a long standing policy of the Federal Reserve to stabilize the purchasing price of the dollar by maintaining artificially low gold and silver prices (price fixing).