During historical economic down cycles, those who were prepared hedged with safe and precious metals such as gold, silver and platinum coins. The value of gold in particular over the past decade has outperformed many other types of assets, including stocks. Having gold as part of wealth in a vault in a secure location will assure that there is a monetary quantity available when the next banking crisis takes place.
When the national debt surpasses the Gross National Product of the United States it is a sure thing that the dollar will either crash or be removed by the International Monetary Fund as the standard currency. If this happens, the United States Government will no longer be able to pay its bills. No longer will the government be able to print money as it has been doing with the Quantitative Easing that has been artificially propping up a disastrous economic situation.
When the bottom falls out, people who prepared by placing at leas 30 percent of their cash assets in gold, will not be shocked when others who left their cash in banks have their assets frozen. As did happen in Cypress and Greece, those governments that had their economies collapse had to freeze all the assets in banks to prohibit runs on the currency. The governments will also take assets from its citizens to pay the debts that it no longer can pay on its own.
The brighter way to look at this prospect of buying gold is to realize that in the future gold may rise rapidly to $3000-$5000 per ounce from the current rate of $1148.37 per ounce. As uncertainty increases, gold tends to rise and even spike in value. Because of the geopolitical concerns with the declining Chinese economy and the out of control spending that is taking place in the United States economy, many wise investors are trusting the U.S. Money Reserve which has U. S. Government Issued Gold for them to purchase for wealth protection during these very uncertain times.