People are often somewhat surprised to learn that before he was nominated in 1987 by President Reagan to head the world's most important central bank, Alan Greenspan was a close personal friend of conservative author and philosopher Ayn Rand, and a staunch supporter of the gold standard. Writing in 1966,1 Greenspan made a number of astute observations concerning gold2 all of which bore witness to the (in)famous Golden Rule: he who has the gold, makes all the rules.
So the question naturally arises: just how much gold are you personally in physical possession of?
The answer to this question will be in direct proportion to the amount of "sovereign" decision-making power you have over your own personal destiny.
For most people the answer to this question is (basically) zero, and so it is little wonder that
such persons have little to no real control over their own destiny or that of their nation.
Remember, although gold is a precious metal and although owning gold will certainly enhance your wealth and status, what we have in mind here goes far beyond the scope of ordinary money and gain: our interest here has to do with sovereignty. Our interest here is with who it is that gets to make the rules, and how far out into the world of action such rules extend. The more gold you control, the broader will be the swath of power you are able to carve out for yourself. This in addition to the excellent hedge that precious metals like gold and silver provide against volatile fiat currencies during times of aggressive price inflation (or deflation).
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The Australian "Lunar Kilo," weighing in at 1 kilogram (or about 32.15 oz), is the largest, heaviest gold coin ever minted. The coin is depicted above at roughly life-size scale: it weighs about 2.2 pounds and is worth roughly $USD 21,862.00.
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