Gold Price $3,500 To $5,000 - Within 1-1/2 YearsGold and Silver has served as money around the world, for over 5000 years. From the time with the Greek Empire, to the system with the International Gold Standard of the 1800s, It has served well as being a store valueable of across the vast generations of Man. The twentieth century however, saw the development of a paper derivative of gold, called paper money. It was initially pegged to a tangible asset that was Gold. Yet, if the peg was removed in 1971 by President Nixon, all paper currencies automatically became 'Fiat', its value only dictated by government decree with no backing from any tangible object. Now, with the discipline enforced by way of a tangible asset gone, Governments and Financial Institutions around the world have played games with all the monetary system. This has brought the world economic climate on top of the precipice of doom, since the problems with all the fiat monetary system started to show, and Gold and Silver will ultimately prevail.- The history of Fiat began if the company was create after the nineteenth century in 1899- The first Fiat cars were manufactured in 1900 and didn't have reverse gears- The cars came to prominent attention when 9 with the cars attained the finish line after enjoying the very first car Tour of Italy- Production range soon increased to feature commercial engines, marine vehicle, trucks and trams- The cars themselves stayed prominent in racing competitions- The Fiat factory finished in 1922 became an emblem with the Italian automotive industryMoammar Khadafy Wins, Local Home Town Car Dealerships Lose!The dollar is especially 'good for' government bonds, mortgage-back securities, and gold. That is, dollars (which can be liabilities of the Fed) are backed through the Fed's assets. As I have discussed previously, there should always be a profit-motive in having a currency, for it to be a functioning currency. Put simply, I mean this: about $ 1 can be a claim on some number of assets. For there to become profit-motive in buying a dollar, the total amount covered $ 1 - in trade - ought to be below just what the dollar is 'good for'. For example, if $ 1 was backed by 1 ounce of gold, who in their right mind would swap over 1 ounce of gold to the dollar?- InteriorThe Fiat 500 features a large circular speedometer and rev counter, with sporty red needles; the dashboard trim provides the perfect contrast with the bright splash of coloured metal that is stretched over the fascia- The chunky gear knob and large buttons for the ventilation and radio make the interior functional but good looking- You'll find used Fiat 500 vehicles have very similar designs and interiors on the newer modelsA great deal has become written over time around the good paper money, poverty, asset bubbles and crashes. The cause of most of these problems is debt. Debt produced by governments. When they operated on the gold or silver standard and can not repay their borrowings, they will break faraway from gold that will create paper money to pay their debts. This was the truth in 18th Century France and more recently in the 70's when President Nixon removed the last link between the Dollar and gold, which can be still the situation today. It looks like fiat funds are maturing all the time. The more paper money that is made the poorer people become thus creating lower living standards and poverty. It is said that funds are the reason behind all evils, that requires qualifying, in my opinion it ought to be paper money is the root of all evils. It is a worthless commodity.
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