Title: Price vs Value - Know the Difference?
1Price vs Value Know The Difference?
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2Price vs Value
Price vs Value, do you know the difference?
Many people tend to believe that price and
value are the same thing, and that if a house
goes up in price, it irrevocably goes up in
value, but that assumption is incorrect. Lets
see the WHY and the HOW price and Value differ.
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3The WHY and HOW
WHY? Because if a house goes up in price, but
it purchases less food or gasoline, water or
electricity, stocks or ounces of gold and
silver, that means is has been falling down in
value while is has been going up in price. The
headlines scream about the dollars rally and
golds subsequent fall. But as always these
headlines are misleading. HOW? Well, when it
comes to purchasing power, the dollar is down big
time. And thanks to inane government policies
no matter how well-intentioned the dollars
purchasing power is likely to continue
decreasing.
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4Price and Value Example
According to the Bureau of Labor Statistics, the
price of a pound of ground beef was between 3.5
and 4 across the US in 2014. Beef prices swing
up and down regularly, but just five years ago,
the average price of a pound of ground beef was
2.2. This means that today, the same two
dollars only buys half the amount it did five
years ago, or in other words, the purchasing
power of those two dollars has decreased by
50! Thats why, everyone who comes across this
simple fact worries about whether the numbers in
their bank account will buy the food, shelter,
and security they will need in the future. If
you wonder if the dollars you have now will fund
your retirement, youre likely worried about all
of these things, too.
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5How To Protect Yourself
SO HOW CAN YOU PROTECT YOURSELF? Simple, by
owning hard assets that have the advantages of
being a Medium of exchange, a Unit of account,
Portable, Durable, Divisible and Interchangeable
like currency. It can also be completely
private, perform well in inflation or deflation,
gives you liquidity, but most important, it's
purchasing power can never fall to zero, and that
over the long term, either preserved value or add
to it. We are talking the benefits offered by
allocated precious metals like physical gold and
silver.
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6How To Protect Yourself
While the dollars purchasing power has decreased
over the past decade, gold and silver has
maintained its purchasing power. In 1999, it
took an average of 0.00387 ounces of gold to buy
a dozen eggs. Today, despite the new
regulations and inflation, you can buy a dozen
eggs for just 0.00291 ounces of gold. If you
look at the purchasing power of gold and silver
in terms of beef, bacon or real estate for
instance, youll find the same thing.
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7How To Protect Yourself
AN OUNCE OF GOLD BUYS AT LEAST THE SAME AMOUNT OF
EVERYTHING AS IT DID IN 1999!
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8The Wrap Up
As you know, governments cant print gold or
silver, which is why it has been used as money
for thousands of years. Gold is the ultimate
standard of value. This is why we are confident
that 10 years from now, gold and silver will buy
the same amount of everything it does today. We
dont have the same confidence in the dollar or
any other currency for that matter. Read full
post http//www.golvercard.com/blog/2015/3/31/pr
ice-vs-value-do-you-know-the-difference
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9GolverCard Explainer Video
GolverCard is an innovative savings and payment
system backed by gold silver. We offer the
benefits of the precious metals industry through
gold and silver, with all the advantages of the
banking industry. Watch Our Explainer Video!