Gold For Bread

As an internet marketer, you  spend a lot of time online.  Some of that time is probably spent looking at YouTube (okay, I DO spend some time looking at YouTube, but mostly so that I can post some interesting items for you….really!!!).

Gold

Here’s a question for you.  Historically, how many loaves of bread can you buy for 1oz of gold?  ”But WHEN in history” I hear you ask.  ANY time in history! Whether it’s NOW or 1,000 years ago.

The answer, you might think, would be different for different years wouldn’t you.  But it ISN’T.  ONE OUNCE (10z) of gold will currently buy you about 350 loaves of bread.  This is approximate of course, depending on the store you buy the bread in and whether it’s a “designer” loaf with walnuts etc., but very roughly, once ounce of gold has ALWAYS been able to purchase about 350 loaves.

Price Of Money

The price of a “fiat” currency, which all countries now have is about to be paid.  It’ll be paid through hyperinflation, where your money (whatever currency) will be worth less and less as each day passes.

Inflation is about to cause massive changes in the world-order (better understood as the Pecking Order of countries). Who will rise to the top?  Any country that has a MANUFACTURING base, that’s who.  In the industrial revolution it was Great Britain.  Post World War II it was the U.S.A.  Next it will be China.

Like anybody else, I don’t know EXACTLY how it’s all going to play-out, but the die has been cast and now it’s a matter of waiting to see which country becomes the next U.S.S.R. and which country the next U.S.A.

Luke.