Blog - TxGold

We are pleased to announce TxGold is now available.  Backed by, and redeemable for physical gold, which is stored and secured in the state of Texas (and insured by Lloyd's of London), TxGold is a viable alternative to fiat money – and a great complement to existing crypto/virtual currencies.

With gold prices hovering at $1300 an ounce, and an economy that seems ripe for a correction, the inevitable clamor of “investing in gold” will soon start to be heard again.  There is no denying that gold is a valuable asset – but is it a good investment?

Whether it’s housing costs, transportation, entertainment, or groceries – prices seem to be rising faster than the commonly reported inflation rates provided by the U.S. government.  The true rise in prices may be reflected in a well-known American burger.

In 2011, I published a book about the United States Debt, and used the preamble of the U.S. Declaration of Independence to point out how America has become similar to the same tyrannical government it sought to separate itself from. And perhaps no power a government has is more potent than the power to control the money supply.