THE CASE FOR GOLD
If you keep cash in a standard debit account, inflation is slowly draining your savings. As this chart shows, the buying power of the U.S. dollar has declined dramatically over the past two decades. A $100 bill stashed in no-interest savings in 1997 is now worth only $65 when adjusted for inflation, while $100 in gold has increased to $303 – a powerful reason to use gold for your everyday spending needs. trade wars, and recessions. If there’s a meltdown, you know gold will still be there, and your boat won’t have disappeared in a puff of pixels.
Fortunately, it’s easier than ever to save and spend with gold. With the new Glint app, you’re just minutes away from owning physical gold. Whether you buy $10 or $10 million in gold, every dollar of gold is owned by you, in your name, and sits locked away in a Swiss vault with the company trusted to hold the world’s bullion: Brink’s. Simply download the app, register, and transfer dollars from your debit account. Glint purchases the gold immediately, and insures it with Lloyds of London.
While Glint helps protect your savings, it also enables you to beat inflation by letting you spend gold. That’s right, you can use the app or the Glint debit card to pay your bills wherever Mastercard® is accepted. The firm’s technology converts the value of your gold into dollars in real time, meaning you can also use an ATM to withdraw cash against your gold account. But it’s the ability to spend gold that really makes a difference for your boat fund. At current inflation rates, the U.S. dollar is losing 3% of its buying power each year, so any money you have sitting in standard savings or checking account is worth less every day. Gold doesn’t do that.
With a Glint gold account, you win two ways: You protect your savings from volatile markets, and your cash holdings don’t depreciate. Which puts you and your family that much closer to a beautiful new boat. As Walt Disney said, “All our dreams can come true, if we have the courage to pursue them.”