American Gold Reserve: Is American Gold Reserve MLM Legitimate?
American Gold Reserve: What is American Gold Reserve?
American Gold Reserve is a relative newcomer to the field of network marketing that allows its members to purchase actual gold and silver bullion at a discount (bars of gold and silver). From their website, “product offerings will include.9999 fine gold and.999 fine silver bullion bars and/or rounds, minted exclusively for American Gold Reserve (AGR) in various sizes and available in various quantities at competitive prices.”
This opportunity comes at a terrific time, as the price of gold has been skyrocketing, making it more difficult for people to buy gold. But why would you even want to own gold in the first place? Good question…
American Gold Reserve: Why Should I Care About Buying Gold?
Phase I: Bartering
Throughout history, in order to get goods from one another, people would trade, offering certain goods or services in exchange for other goods or services. The problem is that the bartering system isn’t a scalable solution — imagine the goat farmer who wanted to buy more land from a neighboring country. How could he pay for that land? Maybe with 2000 goats. But herding 2000 healthy goats across thousands of miles was a scary feat…and a near impossibility then…
Phase II: Gold’s Purpose
Over time, precious metals like gold and silver took the place of the bartering system, allowing people to trade goods and services for gold instead of for other goods and services. Because gold and silver are much easier to transport than goats (you don’t have to feed gold, or make sure it stays healthy during long journeys), precious metals became the standard of money for centuries.
Phase III: The Switch To Paper
However, even metals have their drawbacks. While an ounce of gold is easier to transport then a herd of goats, gold in large quantities is also very difficult to transport. Once again, over time, the use of coins and paper money took hold, largely for the same reasons we moved from the bartering system to gold. But…
There’s one very important thing to mention here: at that time, paper money was backed by gold. In words, if you had paper money, at any time, you could go redeem that money for actual gold. This is how paper money and coins held real value, and was called the “Gold Standard.”
How That All Got Screwed Up
Among lots other reasons out of the scope of this article, in 1971, President Richard Nixon took the United States OFF the gold standard. Overnight, paper money changed from being a placeholder of gold to a placeholder of DEBT…
In other words, 1971 is when paper money became little more than a bunch of I.O.Us. Today, a dollar bill is nothing more than a promise by the government to pay you back.
So What? Why Is That So Bad?
Going off the gold standard allowed the Federal Reserve to print as much money as it wanted, simply promising everyone that they’d pay them back later. Basically, the US gave themselves a credit card with NO LIMIT.
This is bad because the more money they printed, the more money got circulated. The more money got circulated, the more the markets got saturated. When the markets got saturated, guess what? Prices ROSE. This is what we call inflation.
It’s for this reason alone why a can of Campbell’s chicken soup cost $0.15 in 1950, but costs $1.29 today. It’s the SAME can of chicken soup. It’s no more valuable than it was in 1950. The only thing that’s changed is the value of the dollar, due to inflation. The value of the can is the same – only the value of the dollar went down, raising the price.
Ahh, I Get It. But Still, Why Buy Gold?
Have you heard of this whole “debt crisis” thing the US has been going through lately? Well…remember that no-limit credit card the US opened for itself back in 1971? Basically, the US has run up such a high debt ($14+ TRILLION!), that it’s having trouble now just making the minimum (interest) payment.
Up to this point, the US always made the minimum payment on its debt. This is why its credit score was perfect. But because the US came so close to missing the payment this time, the S&P downgraded the US credit score from a perfect “Triple A” to not-as-perfect “AA+”.
This scared LOTS of investors, and caused the stock markets to drop hundreds of points. People lost double-digit percentages on their investments within DAYS…
Now get this: investors tend to buy gold and silver when the markets are troubled. Why? Because the actual value of gold and silver never changes – only the price. Just like the can of chicken soup, gold and silver are still the same valuable precious metals they’ve always have been…
And if the US economy was ever to completely crash, gold and silver is what would be left — and we’d be back to square one….
So do you know what happened to the price of gold and silver during the whole debt crisis??
SKYROCKETED!
From last year alone, the price of gold went up 43.25%. From the last 5 years? Went up 175.73%. And the last 10 years? Gold went up 531.42%…
Starting to see a trend?
There’s no secret why the smart investors have steadily been buying up gold for the last ten years. Think about that — in 2001, you could have bought an ounce of gold for $271.05. Today, that same ounce of gold costs $1740.20.
That’s Crazy! But Then, Isn’t It Too Late Now To Buy Gold?
If you think it’s too late to buy gold to make any real gains, then that’s a gamble you’re going to have to take. It has been rumored that gold will continue to rise over the next 12-24 months more than 40%… With the current problems the US faces over the next 1-2 years, people will continue to look for safe investments, which means they will be buying gold and silver…
And as people buy gold and silver, the prices of gold and silver rise…
American Gold Reserve: Your Answer To The Debt Crisis?
Some experts are saying another downgrade of the US credit rating will happen next year…
What do you think will happen then? I mean, we actually made the interest payment this time, but what happens if the government isn’t able to cut spending enough to make the next payment?
I know it sounds crazy, but what are your options? I suppose you could just stick your head in the sand and pretend this problem will go away on its own…
Or, you could do something about it now, and protect yourself and your loved ones.
Imagine if you and your family are standing on railroad tracks while a train is coming at all of you. Wouldn’t you move out of the way as quickly as possible?
Wouldn’t you like to get your hands on some gold?
American Gold Reserve not only gives you the opportunity to get gold at a discount from it’s current high price, but also lets you protect your friends and family through their referral program – allowing anyone smart enough to realize the impending financial disaster the US WILL experience over the next few years to get in now, and be someone making money from the crisis, rather than paying inevitable super-high prices…
Imagine paying $10 per gallon of gas…Heck NO!
American Gold Reserve: Final Verdict
By this point in the article, I think you understand the importance of buying gold if you haven’t already. Yes, you can purchase gold through the stock market as well, but why pay brokerage fees and capital gains taxes when you can simply buy directly? Imagine being able to buy the same house or car you’ve always wanted without having to pay broker fees or sales commissions…
About the Author
American Gold Reserve gets two thumbs up from me and I highly recommend you get involved. Simply head on over to their official American Gold Reserve website to get started for FREE.
Of course, one of the most important things you need to be successful in American Gold Reserve, or in any company like American Gold Reserve, is a commitment to your own success, along with the right knowledge, guidance, and training. On my official blog, I offer you a FREE preview copy of my training manual, the Internet Employer’s Handbook , where you will learn cutting-edge strategies, concrete steps, and a simple action plan to take any online business from a “money drain” into a “money fountain.”
So here’s what to do:
- Go to the official American Gold Reserve website and sign up for FREE to take advantage of this “ground-floor” opportunity. (As a reminder, my name is TedSheibar.)
- Head over to my blog and get your copy of my Internet Employer’s Handbook to learn exactly how to spread the word to your friends, family, and fellow internet citizens…
I’ll see you on the inside!
1 ounce American Silver Eagle -Ebay unboxing
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