Thursday, September 10, 2015

Gold backed commerce is now here outside of government and central bank policies

For years there has both a political and financial debate regarding a return to the gold standard, and a transition away from debt based fiat currencies.  However, because both the elites and the government have become addicted to increasing money supplies to accommodate their greed and political agendas, this argument has at best been tabled in ‘committee’, or held back from entering into a real national debate.
But as is the nature of the free markets, entrepreneurs, and men (and women) of ideas, will still seek alternative ways to conduct commerce despite the manipulations of those in power.  And while government and financial policies work hard to retain the status quo and fight against any form of gold backed money, three companies are now doing just that and allowing the common man to function in the marketplace with their own independent versions of a currency that is backed by precious metals.

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