Page 6 - July Hernando 2020
P. 6
6 • JULY 2020 - Senior Voice of Hernando County
Senior Voice T he E ff e c t s o f
News Publications C o r o nav ir us o n
To advertise, please contact: B ullio n C o ins
Shelley Ketchum emergency.
813-334-9493 I have, through the years,
given my grandchildren Gold
seniorvoiceshelley@gmail.com and Silver for birthdays and
Christmas. Saying and feeling
that, in their lifetime, they
James Dean would be using it as currency.
I was thinking 30 years in the
352-503-2195 future. Now, I’m not so sure
considering what is happening
Jim Vavala By Guy Ventre in the world right now-- or even
just in the U.S.-- in the last few
352-277-6309 People discovered early in months. Gold backed or Gold
reserve currency may be a lot
March that they couldn’t turn
seniorvoice99@gmail.com in their paper holdings ETF’s closer.
for physical metal, Gold Silver
bullion. I have known for years Just a Quick history
Over 50,000 copies distributed that when you bought a paper lesson:
every month in Citrus contract ETF, for an example, 1 The Roman Empire was
and Hernando Counties! thousand ounce silver or gold, ravaged, in the 2nd century
you did not buy the physical
A.D., by the plague known
Your Pathway to metal. Only about 8 to 12 as “Antoine Plague.” This
percent of the population invests
the Senior Market! in bullion, but those investors was the time of Roman ruler,
Marcus Aurelius, and his son,
did not have bullion in physical
form, i.e., coins, bars, etc. Commodus. Records show 2,000
people a day died in Rome itself,
In March, the rush/ panic was on with as many as 4 to 5 million
the price of silver eagle bullion, total dead in the Roman Empire.
which rose from $2 over spot This pandemic, in part, came
to as much as $10 over spot. from China.
Physical Gold went to $100
to 150 over spot price. Panic Another plague that changed
buying and fear have driven the history hit Constantinople in the
market higher. Bank of America 6th century just as Justin had
actually came out with a report amassed an army of 250,000
stating that Physical Gold would warriors to march on Rome.
hit $3,000 by the end of the year. Rome had been in the hands of
nomad tribes and the barbarian
I believe everyone should own army of Gaul (France) and
some gold or silver coins. German since 475 A.D. The
History has taught us that “you plague of Justinian, as history
never know” when the days knows it, killed half his army.
of gold at $1,400 an ounce Not saving Rome was the
and silver at $14 are gone. A beginning of the Dark Ages.
higher percentage of people will This plague may have come
keep Gold and Silver coins or
bars just in case of inflation or Continued on page 8
