Here is a great quote, attributed to George Bernard Shaw, the Irish playwright and a co-founder of the London School of Economics.
“You have a choice between the natural stability of gold and the honesty and intelligence of the members of government. And with all due respect to those gentlemen, I advise you, as long as the capitalist system lasts, vote for gold.”
In modern times he might have included both politicians and bankers in his quote. Not to mention investment advisors, Wall Street brokers, hedge fund managers and the Federal Reserve.
The point being, it’s almost impossible to know who or what to believe these days.
Get twenty money and investment experts into one room and, unless they all work for the same company or organization, they’ll likely give you twenty different versions of how you should invest and protect your money.
And that’s just in North America.
Travel the world, and you’ll find even more conflicting opinions on our economic futures.
But one thing every government, every banker and every high-value individual does agree on is the intrinsic value of gold. You don’t need to listen to their arguments for or against gold, you just have to know that they buy it and own it. And they do.
In doesn’t matter which government expert you listen to, or where they are in the world, behind all their hot air and promises lie vaults filled with gold.
As individuals, we should do the same.
Whatever we do or don’t believe when it comes to economics and investment, we can always believe in gold, and we should always own some.