Gold
$1,791.00
+9.00
Silver
$18.52
+0.34
Platinum
$833.00
+12.00
Palladium
$1,950.00
+34.00
800-444-8317
800-444-8317
Explore Monex
Currency Devaluation
January 8, 2008

Is there money that is not subject to government devaluation?

Currency Devaluation

"Shocker! The Financial Times (they own the anti-gold Economist magazine) has been anti-gold for as long as I've been reading this great newspaper. But today I opened the paper, blinked, and rubbed my eyes. The lead editorial in the today's Financial Times in big black letters reads, "Gold is the new global currency."

And it's true. There are now three reserve currencies. Two of these currencies consist of fiat paper that can be manufactured at any time in any quantity at the touch of a button. The two are US dollars and euros.

The third reserve currency is gold. Gold is the ultimate reserve currency, the only one that defies being manufactured or printed by a central bank."

*This information is solely an excerpt of a third-party publication and is incomplete. Please subscribe to the referenced publication for the full article. This is not an offer to buy or sell precious metals. Investors should obtain advice based on their own individual circumstances and understand the risk before making any investment decision.

See What Investors are Saying About Monex

Thank You!
Want your kit sooner?
Faster delivery is available by phone.
800-444-8317
Get Your Free Report

A New Decade for
Precious Metals Investing

  • All form fields are required

  • Privacy Policy
  • This field is for validation purposes and should be left unchanged.
Download Your Report