The Ron Paul Revolution Redux, and Why You Should Buy Old Gold

With Ron Paul getting second place in New Hampshire, it has his supporters all fired up, and more importantly to me is that more and more people are learning about hard assets, and are therefore becoming more inclined to buy old gold as a way to invest in precious metals. One of the things that has always been a major talking point of Paul has been the federal reserve and the gold standard. Ron Paul argues that the Fed creates economic bubbles via inflation and therefore causes overall social instability when those bubbles burst. This is an assessment that I agree with, and why I encourage you to buy old gold.

What Does Buying Old Gold Have to do with Ron Paul and the Fed?

Paul talks at length about the gold standard in monetary policy, and how precious metals are far more stable than fiat currency. With fiat currency constantly inflating, the price of gold is consistently on the rise.

What Does This Mean if You Do Not Buy Old Gold?

What this means is that gold is more expensive than ever to get into, and therefore if you are in a budget then it is time to get clever about how you will get into gold on a tight budget.

The Answer is to Buy Old Gold

You can do this at garage sales, estate sales, or just by putting an ad out for it. What is not worth something to someone else will be worth a lot to you. As the saying goes, one man’s treasure is another man’s junk.

 

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Wednesday, January 11th, 2012 Buy Old Gold

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