By the time most people realize that they should be investing in gold, it could be too late. Why would it ever be late to invest in gold? Once the economy in the entire world collapses, gold and other precious metals will be the only currency left. That is, unless you believe in all of those futuristic movies. In one gasoline is the only currency, and in another it is fresh water.
Both of these scenarios could very well come true. But chances are that gold will be the currency that prevails. The gold ira investing rate are increasing by the minute bacuase it is safer and is just one of the best investments there is. Â Not to sound like a doomsday predictor, but all fingers point to an end of the economic world as we know it. Formerly booming cities are practically ghost towns. Countries are stealing money from their citizens to avoid bankruptcy. Gigantic banks are getting bail-outs by the government, with money the government does not have. Money that several generations of citizens will have to pay back.
We all know that this money will never be paid back. Paid back to who, anyway? The government? The entire country will collapse before even a fraction of the money is given to the government. Besides, why should the citizens pay for a disaster created by the banks? Why should the citizens pay back the bank’s loan? If you think things are crazy now, just wait. This is only the tip of the iceberg.
The only way you can protect yourself is by investing gold. Real gold. Don’t buy that virtual stuff floating around on the stock market and on the internet. Buy real gold bullion in the form of bars or coins.
So, after this happens, why won’t you be able to buy gold? With what? Gold will be the only currency. If you don’t have any, how can you buy some? With a loan from the bank? The banks are the cause of the economic breakdown. After the collapse, they will no longer exist. Of course, this is a good thing. But, it will make it very hard on anyone that didn’t buy gold when it was still available.
That is not even the worst part. The worst part is that you will not be able to buy anything. Do you own a cow? Do you have enough land for a garden? If you answered no to these question, then you won’t have any food. Without gold, you won’t be able to buy food. There won’t be any food stamps and there won’t be any welfare. It will be like the Dark Ages.