Why Investors Around The World Must Move Into Gold & Silver
KingWorldNews.com
February 26, 2013
Today 40-year veteran, Robert Fitzwilson, wrote the following piece exclusively for King World News. Fitzwilson, who is founder of The Portola Group, urges, “The reason it is so critical that investors understand the reality of what is happening in both the cash and securities markets is because whether you have $100 or $100 million, it is imperative that your savings be converted into real assets, particularly gold and silver.”
Below is Fitzwilson’s exclusive piece for KWN:
“We have characterized cash as being a zero-coupon, perpetual Treasury instrument. It has no inherent coupon nor does it have a maturity date. We know how cash trades. It is always issued and remains at par ($1 or 100 cents per dollar). The quoted price of it will change relative to cash issued by other countries and alternative currencies such as precious metals, but the “price” always remains at $1. Distinguishing price from value, the latter will also fluctuate over time in terms of purchasing power. However, the value of the dollar has been in a virtual nosedive for the last 100 years….
The Rest…HERE
