Every developed nation in the world is on a PAPER CURRENCY backed by absolutley nothing this type of system has NEVER WORKED. Think What Is Gold Ira
Gold is becoming increasingly popular with investors here are the TOP 3 reasons why:
1. Paper Currencies Fail
2. Central Banks Are Buying Gold
3. Billionaires Are Buying Gold
China and India are buying gold like crazy. They consumed 52% of the world's gold in 2010. And in 2011, increases in demand from China and India have driven a 7.5 percent increase in demand for gold jewelry during the first half of the year, despite a 25 percent increase in the price.
Additionally, a recent cable was leaked by the infamous WikiLeaks website, which revealed the REAL reason behind China's increasing demand it showed that China's intent is to make major gold purchases for the sole purpose of weakening the U.S. dollar.
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