ARTICLE 1, SECTION 8 OF THE CONSTITUTION STATES THAT CONGRESS SHALL HAVE THE POWER TO COIN (CREATE) MONEY AND REGULATE THE VALUE THEREOF. IN 1935 THE SUPREME COURT RULED THAT CONGRESS CANNOT CONSTITUTIONALLY DELEGATE ITS POWER TO ANOTHER GROUP. So why do we have the Federal Reserve creating money out of thin air? In 1913,…
SHERLOCKS BLOGS
What was the Gold Standard?
The gold standard was a monetary system in which the standard economic unit of account is based on a fixed quantity of gold. The gold standard was the basis for the international monetary system from the 1870s to the early 1920s, and from the late 1920s to 1932 as well as from 1944 until 1971…
Cryptocurrency vs. Precious Metals
What is Cryptocurrency? Cryptocurrency is a digital currency that was created to be used as an alternative to standard currencies, such as dollars or euros. Cryptocurrency is supposed to decentralized, which means that it is not controlled by one government, bank, or entity. The first coin created was bitcoin, and also the most expensive crypto….
What are Goldbacks?
What are Goldbacks? To promote the use of inflation proof currency to protect the spending power of families and individuals at any income level. For the first time individuals can spend physical gold on small items like a smoothie, or large purchases like a home remodel. The Goldback solves the 2,600 year…
What is a Gold IRA?
If you are like most informed investors, you have heard about Gold IRAs. We believe Gold IRAs are one of the best ways to acquire asset towards your retirement. The way Gold IRAs are structured ensues that the Gold will hold its value far better than paper investments. Gold is something you can hold and…
About Sherlocks Gold
Here at Sherlocks Gold we want to make it easy for our customers to make an informed decision when it comes to acquiring wealth assets like precious metals. OUR STORY My passion for collecting precious metals began early in my life. It all started when I traded a one dollar bill for a Morgan Silver…
The Real Secret To Becoming Wealthy
If you ask an experienced investor about their secret for increasing wealth, their answer would usually be the same – Diversification. By not putting all their investment in one basket, investors are able to achieve what they call, Risk-Adjusted Returns. Using this strategy, they are able to increase their wealth even in tough economic times. …