Welcome to Matlyn Gold and Silver. The main purpose of this site is to offer information to those who are interested in owning physical gold and silver bullion.
So why purchase physical gold and silver? One thing is for sure, you should never let anyone tell you that you need to do it, rather decide for yourself if holding precious metals is right for your financial future. Take the time to learn about how the U.S. economy and banking systems work. Learn the difference between money and currency and study the history of the U.S. monetary policy. Then ask yourself, "Where are we today and where are we heading as a nation?" Maybe more importantly, "Where is the value of the US Dollar heading?"
Recently the United States has endured one of the largest economic corrections since the 1930's. Sadly, its manufacturing base has largely been shipped overseas and many of the jobs being created now are in the service industry and government sector. Basically, the U.S. is losing its ability to actually produce anything that can be exported to other nations and grow its wealth. Those on food stamps and other forms of government assistance are at an all time high.
The stock market is highly volatile. In 2008 real-estate values plummeted, foreclosures soon skyrocketed and the government responded with a nearly $1 trillion dollar bailout of the big investment banks. The U.S. government has a twenty trillion dollar growing debt. National Health Care and underfunded Social Security will continue to add to the stress of the debt. Stimulus packages and bailouts mean much more money in the system, which will translate to an inflationary future for the U.S. The dollar's role as the world's reserve currency is increasingly in jeopardy.
As the public loses faith in debased paper currencies, gold and silver may become more in demand for its global acceptance as a historically safe store of value.