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Why We See Gold and Silver As Money

A few reasons why we at GolVerCard see gold and silver as money and not just an investment. Visit: http://www.golvercard.com/blog/2015/5/26/we-consider-gold-and-silver-as-money

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Why We See Gold and Silver As Money

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  1. Gold and Silver As Money Reasons To Consider GolverCard.com | @GolverCard

  2. Seeing Gold and Silver As Money At GolVerCard, we consider Gold and Silver as Money. “MONEY IS GOLD, AND NOTHING ELSE.” — J.P. MORGAN Few people understand how to value gold and silver, and even fewer understand that gold and silver aren't just an investment — they are money. GolverCard.com | @GolverCard

  3. Is A Dollar An Investment? Saying gold and silver are more than an investment may seem strange, but to illustrate this point, you can reach into your purse or wallet and pull out a dollar bill.  You think of the dollar as “money,” but you do not think of it as an investment. An investment has some element of risk, and typically has some yield in the form of interest, dividends or rent. Money can be turned into an investment by using it to buy stocks or real estate. But as a dollar bill, it is just money; it has no yield and will still be a dollar tomorrow or next year. GolverCard.com | @GolverCard

  4. It Is Today What It Will Be Tomorrow Gold and silver are the same. An ounce of gold and silver today will be an ounce of gold and silver next year and the year after that. It will not mysteriously turn into two ounces. It will not rust or change shape or color. IT IS JUST GOLD & SILVER. YET IT’S MONEY. GolverCard.com | @GolverCard

  5. It’s About Value It’s true that the value of gold and silver may change when measured in dollars. It is also true that the value of a dollar may change when measured in euros or ounces of gold. But these changes in relative value do not turn these units into investments; they just reflect supply and demand for different forms of money. Still, these changes reflect changing preferences for different forms of money, not a return on investment. When you look back, prior 1965, people were used to the idea that silver was money. GolverCard.com | @GolverCard

  6. Silver Was To Valuable For Coins The US coinage contained up to 90% silver. However, in 1965, president Johnson admitted that silver was too valuable and simply said: “The new dimes and the new quarters will contain no silver. They will be composites, with faces of the same alloy used in our 5-cent piece that is bonded to a core of pure copper. They will show a copper edge.” Soon after that, coins where made 90% copper and 10% nickel. Decreasing the value from a pre 1965 Dime 90% silver (current value: 2.0 dollars) to post 1965 Dime 90% copper (current value: 0.02 dollars).  GolverCard.com | @GolverCard

  7. Don’t 100% Trust Flat Currency What’s very interesting today is that governments and central banks always put out gold or silver looking coins as part of their currency, but they have no real value at all. The questions is, why are they making them gold and silver color? It's simple, they know there is an inherited knowledge in us that understands gold and silver have value. This is why people should NOT put all their confidence in flat currencies. Read post: http://www.golvercard.com/blog/2015/5/26/we-consider-gold-and-silver-as-money GolverCard.com | @GolverCard

  8. GolverCard 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!

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