- Gold and other precious metals have a long historical track record as money and have been used for thousands of years.
- Central banks still consider gold as a reserve currency and purchased a significant amount in recent years.
- Precious metals have outperformed stocks and offer a hedge against inflation and government printing of money.
- Holding physical precious metals provides a private and tangible asset that can be easily converted into currency.
- Diversifying retirement accounts with precious metals can offer protection and potentially higher returns.
- Precious metals have played a role in resisting autocracy and preserving wealth during times of crisis.
Welcome to Langley Outdoors Academy, where we delve into not only the world of firearms but also explore how we can collectively address and overcome challenges. In this special feature, we aim to shed light on the enduring value of precious metals in safeguarding our freedom and financial well-being. We have invited Kevin, the founder of Lear Capital, to share insights and answer questions related to this topic.
A Historical Track Record: For over 5,000 years, gold has served as a form of money. Gold coins and silver coins were widely used as currency throughout history. Even today, central banks continue to purchase gold as a reserve currency, with the largest amount acquired in the past 50 years. This enduring use of gold by central banks underscores its stability and lasting value.
Preserving Wealth and Guarding Against Inflation: In the face of unprecedented inflation rates and government deficit spending, precious metals have proven to be a reliable store of value. While paper money loses its worth over time, gold and other precious metals remain immune to such devaluations. This explains why central banks and individual investors alike are increasingly diversifying their portfolios with precious metals.
Outperforming Traditional Investments: Gold and precious metals have consistently outperformed traditional capital investments and securities. For example, if you had invested $100,000 in the stock market in 2000, your portfolio would have grown to $320,000. However, diversifying $80,000 in stocks and $20,000 in gold would have resulted in a portfolio worth $385,000. The limited supply of precious metals and the continuous printing of money by governments contribute to their potential for higher returns.
A Tangible Asset with Global Value: One of the key advantages of precious metals is their tangibility and global recognition. Holding physical gold or silver provides a bearer-type investment, allowing individuals to retain control and privacy over their wealth. Precious metals can be easily exchanged for any currency worldwide, making them a reliable asset even in times of political or economic turmoil.
Protecting Individualism and Freedom: The connection between precious metals and the preservation of individualism becomes apparent when we consider the potential overreach of centralized governments. In an era where governments are exploring the introduction of centralized digital currencies, control over individuals' financial security becomes a critical concern. Precious metals offer a means to protect against inflation, financial control, and potential abuses of power. It also serves as a way to preserve financial stability in times of crisis.
Conclusion: As we navigate a changing world, it is crucial to recognize the historical significance and financial importance of precious metals. Beyond their intrinsic value, gold and other precious metals have served as a symbol of resistance against autocracy and a means to preserve wealth during challenging times. By diversifying portfolios and considering the tangible nature of precious metals, individuals can secure their financial futures and protect their freedom.
cern, as the actions of the IRS and ATF raise questions about the overreach of executive bureaucracies and the potential misuse of government power. The motive behind seizing the 4473 forms remains unclear, and many await further developments and official statements to shed light on this unusual occurrence.