Texas is planning to build its own state-controlled depository and wants its gold back from New York State. The Lone Star state will repatriate its $1 billion in gold bullion.
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Three reasons why gold is the best investment.
#1………… For 5,000 years, gold and silver are the only assets that have never failed. If a government fails, so does their currency. Gold and silver never fail.
#2………… Their purchasing power can never fall to zero. They are completely private and have no liabilities unlike Real Estate, Stocks, Bonds, derivatives, currencies and all other assets.
#3………… They are safe haven investments that rise during economic upheaval, war, terrorism, and natural disaster. They have a proven track record of performing well in inflation or deflation.