Gold jewelry can protect you from hyperinflation.
Does that sound crazy?
Venezuela is experiencing hyperflation today, right now in 2018.
It is REALLY bad.
Here are some very sad visual examples of what that looks like.
This piece of cheese is 7,500,000 bolivars, or $1.14 USD:
https://mobile.twitter.com/GoldTelegraph_/status/1033903914695835648
These tomatoes? 5,000,000 bolivars, or 0.76c
https://mobile.twitter.com/GoldTelegraph_/status/1032690074268389376
This chicken is 14,600,000 bolivars, or $2.22
https://mobile.twitter.com/GoldTelegraph_/status/1033371333776695297
On a personal level, this is very very sad and depressing for me to even think about.
Especially because I truly believe that there is an opportunity that much of the world is hiding that would have protected at least some people from this type of currency destruction.
This is what the price of gold looks when priced in Venezuelan bolivars over the past few years.
It is very difficult for some people to understand why gold ownership is so important until something like this happens to them personally.
It is NOT very difficult to explain to someone why they would want to own gold jewelry, as it is very common to many global cultures throughout history.
So if thats the mechanism I have to use to explain to people why they should own gold, so be it!
People already understand jewelry. This makes it that much easier to motivate people to own some.
It is not theory, speculation, or conjecture that gold protects you from inflation and hyperinflation. This is just historical fact.
Mene is 24 karat pure gold and platinum jewelry. Over time, owning some pure gold Mene jewelry can protect you from systemic risk and black swan events, but more importantly protect your purchasing power and give you a fighting chance to take control of your own financial future.
Earn $5 in Mene credit for signing up for Mene with this invite link:
Menē crafts 24 karat gold and platinum investment jewelry™ that is transparently sold by gram weight. By combining innovative technology with timeless design, Menē restores the ancient tradition of jewelry as a store of enduring value.
To find out more about what Menē 24 karat gold and platinum investment jewelry is from your fellow Steemians :
@goldmatters/what-in-the-world-is-mene24k-35-well-researched-blog-style-essays-contest-winners
Or
@goldmatters/what-is-mene-24-karat-platinum-and-gold-jewelry-valentine-s-day-gift-winner
To find out more about what Goldmoney is from your fellow Steemians : @goldmatters/what-in-the-world-s-goldmoney-winners
To sign up for a Goldmoney Holding start here: https://www.goldmoney.com/w/goldmatters
For Menē 24k investment jewelry here: http://Mene.com/invite/JrT26p
I am on a personal mission to spread the word about Goldmoney and Menē through any means necessary. Goldmoney allows individuals to empower themselves by protecting their savings by owning small or large amounts gold previously inaccessible to regular people like you and me.
All images sourced from Menē and Goldmoney.
Read more about Goldmoney: @goldmatters
See Steemians unbox Mene:
