Throughout the history of mankind for 5,000 years, Gold has been money. Gold was money. Gold is money. Every attempt to replace a Gold backed currency with a fiat currency has failed.
“Every paper currency, given enough time, has failed.”
We predict Gold is approaching a time when it will be a distinct form of money unto itself. So let us remind you of why Gold is highly prized as wealth, an industrial metal, for decoration as a symbol of success, and as a long-term storehouse of wealth beyond government control.
Here are 20 reason to buy Gold:
One online dictionary defines money this way, putting Gold Coins at the top of the list.
A piece of metal, as gold, silver, copper, etc., coined, or stamped, and issued by the sovereign authority as a medium of exchange in financial transactions between citizens and with government; also, any number of such pieces; coin.
Gold clearly meets this widely accepted definition of money. Gold represents strength, wealth, political power, and has always been a symbol of success and timeless admiration.
The most popular forms of Gold Bullion Coins sold by Austin Rare Coins & Bullion include:
Gold Coins are Described as “Official” Coined Money
“It has been found necessary to affix a public stamp upon certain quantities of such particular metals, as were in those countries commonly made use of to purchase goods. Hence the origin of coined money, and of those public offices called mints." - A. Smith
Gold Coins clearly meet the widely accepted definition of money that is easily bought, sold, and traded daily worldwide.
That’s why we say Gold was money, Gold is money, and Gold will be money throughout our lifetimes and for generations to come.