Pay me in Gold!
According to a web release from Monnex, gas, food and almost everything else has not gone up, it is that your money has gone down in value. Had you been buying your staples with gold american eagle coins apparently you would have seen no increase in prices!
If you work for Monnex can you request to be paid in gold coins? If so, do they still give their employees raises? Is a raise compensation for inflation or recognition of increased value to the company? I would hope the later.
Monnex has been in the business of selling precious metal coins since 1967. During that period they have sold coins to over 100,000 customers.
A precious metal coin would certainly be a neat thing to have to show off. A bonus if it also doubles as a hedge against inflation. Is it accepted though in as many places as a gold card?
Web Release from Monnex
Remember when gas was only 25-cents a gallon? You could take a dollar down to the gas station and buy four gallons for a buck! At that time our dollar was backed by REAL money, real silver. Guess what? That same amount of silver still buys four gallons of gas! That just shows that real money like gold and silver holds its value and it is the green paper money that is now worth a lot less. As a matter of fact, when you think about it, you realize that gas, food, and almost everything else has NOT gotten more expensive. It only seems that way because the value of the green paper money is worth less and less and so it takes more and more of it to buy the same goods and services. Most people think prices have gone up, but in reality: it is the value of the US dollar that has actually gone down. Investment experts have long-recommend portfolio diversification and that 10% to 20% (and sometimes more) of an investor's assets be devoted to tangible assets such as gold, silver and platinum bullion and bullion coins. That's prudent asset diversification strategy at any time. But in today's uncertain political and economic environment, there are many (and very sound) reasons to consider investing in precious metals now. Monex has the experience, expertise and resources to serve most any precious metals investor's needs. Since 1967, well over one hundred thousand investors have purchased billions of dollars of gold, silver, platinum and palladium bullion and bullion coins from Monex. As one of the country's oldest, largest and most experienced firms specializing in precious metals for the individual investor, Monex is uniquely qualified to serve your precious metals needs. We look forward to serving you, and helping you meet your investment objectives.
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