It's an age-old question…
Cash or gold?
When our current central bank system first started, the US Dollar was backed by gold. You could walk into a store with $20 cash or a $20 gold nugget and walk out with the same amount of goods.
But that was over a century ago and a lot has changed since then.
The Dollar is no longer backed by gold, but by the full faith and credit of the US government. That's bad news for Americans as our government continues to create about $1 trillion in new debt nearly every 100 days.
History has shown time and again that when a dominant monetary system collapses, those holding gold come out on top.
And right now, all signs point to the inevitable demise of the US dollar as the world's reserve currency.
Central banks are stockpiling gold as the US government continues to abuse its privilege as the issuer of the global reserve currency and BRICS countries actively lobby the world to move away from the Dollar.
The writing is on the wall – the dollar's days may be numbered.
But here's the good news: as the dollar falls, gold is poised to skyrocket in value.
So when it comes to who comes out on top between cash and gold, the real winners are the ones who position themselves accordingly before the monetary shift occurs.
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