The amount of leverage in the U.S. Dollar fiat currency system reached an all time high in 2013. Even though the growth in total U.S. currency more than doubled since the collapse of the Housing and Investment banking system in 2008, the majority of the increase was from just one bill in particular.
U.S. Department of Engraving and Printing issued more $100 Federal Reserve Notes in 2013, than in any year prior. Of course, part of the reason was due to the new $100 anti-counterfeit bill released in 2013, but the increased trend for the largest bill has been going on for decades.
According to the U.S. Department of Engraving and Printing, the U.S. Treasury printed a staggering 4.4 billion of the $100 Federal Reserve Notes in 2013. This is up from a mere 323 million of $100 notes in 1993… just two decades ago.
The total face value of the $100 bills printed in 2013 amounted to $443 billion. Now, compare this to the total market value of all the gold produced in the world that very same year. According to GFMS 2014 Gold Survey, the world produced 3,022 metric tons of gold in 2013.
When (not if) the U.S. Fiat Monetary System collapses, anyone holding onto twelve $100 Federal Reserve Notes would have a net worth of $1.56 in printing cost. Compare that to the estimated $1,100-$1,200 an ounce cost for gold.
Looking for a secure way to buy physical gold and silver?
GoldMoney company offers you 6 months of FREE storage if you sign-up and buy physical metals via GoldReference site. Simply choose “GoldReference.org” from the dropdown list, or manually write goldreference, when you open a Holding at GoldMoney. See also our page How To Buy Gold & Silver Online.