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Why is it that very few of us actually take the time to sit down and actually assess our savings, spending and banking options until we want to buy a home or we begin to think about our retirement savings? Are companies profiting from our ignorance? Are they "banking" on it?
When the US went off the gold standard in 1971, all currencies essentially became fiat monies, with their value derived from the governments that issue them rather than from commodities. This was the birth of instability of floating currencies. This is why gold is powerful.Gold isn't about getting you rich, gold is about preserving value and purchasing power -- avoiding what makes you poor.