Why Global InterGold Advises Not To Invest All Your Money Into Fiat Currencies

The overall economic conditions worsen and people are losing their trust in central banks. Recently, more and more experts have been questioning the sustainability of our monetary system. After the U.S. government has abandoned the gold standard in 1973, currencies are based on nothing else than a governmental guarantee.

However, as sovereign debt levels are increasing and the financial crisis has revealed the vulnerability of the global banking system, investors have become more critical.

Fiat currencies vs. commodity currencies – what’s the difference and why does it matter?

All leading currencies are fiat currencies. Basically, fiat currencies are not backed by any real value. It’s just printed paper. What make such a currency valuable is that the governments guarantees its value. Obviously, that...