The importance of gold coin investment to the financial survival of American families cannot be clearer.

October 14, 2011 – The importance of gold coin investment to the financial survival of American families cannot be clearer. As the average American grows poorer every day the value of gold coins grows stronger.

The New York Times, not noted for doom and gloom coverage, reported this week on our falling incomes. In the two years after the recession officially ended in June of 2009 “inflation-adjusted median household income fell 6.7%” and “during the recession – from December 2007 to June 2009 – household income fell 3.2%.”

In other words, since December 2007 our incomes have fallen nearly 10%, adjusted for inflation. And that is using the government’s core CPI figures which are designed to conceal the real growth in the cost of living.

So how have gold coins fared through it all? Over the same period they have doubled in value. Or from another perspective, the value of the dollar relative to gold was cut in half. Put those two things together and we are now making 10% fewer dollars that are worth 50% of what they were just four years ago.

Of course the decline in wages is only an average. The income of those fortunate enough to have kept working through the recession distort the true picture. The Times article cites a study that found “that people who lost jobs in the recession and later found work again made an average of 17.5% less than they had in their old jobs.”

That study was conducted by Henry S. Farber, an economics professor at Princeton University. His conclusion is quite unusual for an academic cloistered in those hallowed halls: “As a labor economist, I do not think the recession has ended” and this downturn is “fundamentally different” from previous ones in that “job losers are having more trouble than ever before finding full-time jobs.”

Americans are indeed growing poorer every day, but only those whose wealth is measured in dollars. There is no better way than buying gold coins to turn that around.

Kevin Johnson

Senior Staff Writer – GoldCoin.net