Seeing a university endowment fund purchasing bullion valued at a billion dollars, and taking possession of 6,673 bars, would have been unthinkable just a few years ago. They follow the lead of several of the world's central banks, hedge funds, and others wishing to preserve the wealth they have accumulated. This could be the best opportunity for those who have not yet done so to buy gold coins Fort Worth.
Universities have considerable holdings which they invest for profits. They place these funds in investments that are safe and will return a profit over the long term. Their objective is to grow the fund, here already 19.9 million dollars, or at least preserve its value. Here they expect protection against the dollar's declining value, and provision for future university operating expense.
Central banks in many countries previously converted much of their dollar holdings into gold. This means they expect the dollar's value to decline much farther. When this happens the price of everything denominated in dollars will go up. You can easily see that the price of everything you purchase has gone up considerably in recent months, despite government issued statistics claiming that inflation is under control. Those numbers have been manipulated for quite some time now, and even exempt food and gasoline prices from the calculation.
Inflation is caused by printing additional money which has no real value, since it is not backed by anything. While the Federal Reserve has been greatly increasing the supply of dollars through Quantitative Easing, they are feeding inflation. Round three of this printing binge is expected in order to keep up the appearance of an improving economy, once round two ends in June.
The Federal Reserve has no restrictions on its ability to print more money. As do this central banks in other countries react by devaluing their own money to keep it from becoming too expensive in relation to the dollar. This might cause a decline in their exports. Inflation is worldwide for that reason.
The world's largest holders of precious metals are those central banks. Twenty-two percent of the physical gold in the world is held by the Federal Reserve. Even they do not want to hold dollars, nor should you. They are aware of what will transpire with the dollar, since they are causing it.
Informed individuals have also been converting dollars they may have been holding into tangible assets. The best way to protect wealth may be to buy gold coins Fort Worth. This may be the best protection against further losses due to inflation.
buy gold coins Fort Worth
Universities have considerable holdings which they invest for profits. They place these funds in investments that are safe and will return a profit over the long term. Their objective is to grow the fund, here already 19.9 million dollars, or at least preserve its value. Here they expect protection against the dollar's declining value, and provision for future university operating expense.
Central banks in many countries previously converted much of their dollar holdings into gold. This means they expect the dollar's value to decline much farther. When this happens the price of everything denominated in dollars will go up. You can easily see that the price of everything you purchase has gone up considerably in recent months, despite government issued statistics claiming that inflation is under control. Those numbers have been manipulated for quite some time now, and even exempt food and gasoline prices from the calculation.
Inflation is caused by printing additional money which has no real value, since it is not backed by anything. While the Federal Reserve has been greatly increasing the supply of dollars through Quantitative Easing, they are feeding inflation. Round three of this printing binge is expected in order to keep up the appearance of an improving economy, once round two ends in June.
The Federal Reserve has no restrictions on its ability to print more money. As do this central banks in other countries react by devaluing their own money to keep it from becoming too expensive in relation to the dollar. This might cause a decline in their exports. Inflation is worldwide for that reason.
The world's largest holders of precious metals are those central banks. Twenty-two percent of the physical gold in the world is held by the Federal Reserve. Even they do not want to hold dollars, nor should you. They are aware of what will transpire with the dollar, since they are causing it.
Informed individuals have also been converting dollars they may have been holding into tangible assets. The best way to protect wealth may be to buy gold coins Fort Worth. This may be the best protection against further losses due to inflation.
buy gold coins Fort Worth
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