We believe everyone should have gold and silver in their private possession, where they can lay their hands on it, because:
-
They are safe haven instruments that rise during economic upheaval, war, terrorism, and natural disaster.
-
They have a proven track record of performing well in inflation or deflation.
-
For 5,000 years, gold and silver are the only assets that have never failed.
-
They are tangible assets of intrinsic value.
-
Their purchasing power can never fall to zero.
-
They are the only financial assets that can be completely private, and not part of the financial system. Even real estate requires the financial system to transfer title. Gold and silver do not.
-
They are one of the few financial assets that are not simultaneously someone else’s liability. Stocks, bonds, and derivatives like futures and options, require the performance of someone else. Even cash requires the performance of the government issuing it. In other words, if a government fails, so too does their currency. Gold and silver never fail.
-
They can be wholly owned. You can never really own real estate for instance, if you think you can, just try not paying your property taxes for a few years.