GOLD – BEST ASSET IN 2000s BUT YOU AIN’T SEEN NOTHING YET!
by Egon von Greyerz
The United States is grappling with unprecedented levels of debt - trillions added each year - highlighting the harsh realities of an empire teetering on the brink. The economic strains facing the U.S., combined with a weakening military position, paint a sobering picture of a world in transition.
Since the 1970s, when the U.S. moved away from the gold standard, the dollar’s purchasing power has eroded drastically. Many leaders have promised stability, yet history shows that unchecked money printing and deficit spending erode both wealth and trust. Drawing parallels to past empires, this article underscores how gold has consistently served as a reliable safeguard against currency devaluation and wealth destruction.
In today’s economic climate, few are prepared for the potential downturn, and even fewer are investing in tangible assets like gold to protect their wealth. The author’s journey through banking and gold investment brings a unique perspective, illustrating how gold’s stability has outperformed conventional assets over the long term.