Gold, Silver, Platinum, Palladium and the destruction of the dollar

It's easy to create new electronic dollars. It's hard to mine new ounces of gold. A constant stream of new dollars chasing after the same amount of gold (or anything else) means (in the long run) the price goes up, up, up, up, up, up, up, up, up...

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Gold vs. Savings (50yr)

50 years ago...
If you "saved" $35 in a savings account earning 5%...today you would have $410
If you bought a $35 1 oz. gold coin...today you would have $1150
Bad sheep!

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Precious Metals (100yr)

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Precious Metals (50yr)

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Precious Metals (15yr)

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What Is a Bit?

1 Bit is 1/1000 of a BZ Eagle, a sound money currency I made up.

A BZ Eagle is a basket of 4 precious metals and has value equal to 1 ounce of gold.

The weight of each metal is calculated from current exchange rates…

…so as to make the Eagle's current value...

Gold	50%
Silver	20%
Platinum	20%
Palladium	10%

Current precious metal values are…

Gold	$1150 per oz.
Silver	$18.15 per oz.
Platinum	$1705 per oz.
Palladium	$510 per oz.

Making the current composition of the BZ Eagle…

Gold	0.5 oz.	$575	50%
Silver	12.67 oz.	$230	20%
Platinum	0.13 oz.	$230	20%
Palladium	0.23 oz.	$115	10%
		$1150

1 Bit = 1/1000 BZ Eagle and currently costs $ 1.15

Save your bits, and sell your dollars to foreigners.

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TheTrailOfGreen | BZ