How Gold Cures Socialism

Socialism is based on the false belief that the state can provide for us in much the same way that a loving parent cares for their children. It appeals to feminine instincts related to care and security. Promoters of socialism are therefore keen to subvert the family, especially bread-winners, so as to put themselves in the driving seat. Welfare provided internally in families is replaced by welfare provided by the state. Bread-winners are encouraged to go into debt. Their savings, eroded by inflation. The state becomes in this way the anchor, superior to the pitiful bread-winner, indebted and impoverished.

This process has been so successful that most people today are socialists in some way. Hardly anyone want to dismantle the welfare state. The belief is that families are inferior to the state when it comes to welfare, a belief that is correct to the extent that many people now are so impoverished that they really can't take care of themselves. The process of continued impoverishment is therefore likely to continue. If we're not careful, even the most prudent among us will end up dependent on the state. However, there is a way to revert this process. It requires no central organization, no banding together in groups, and no protests. It can be done separately by individual families, and the rewards are immediate. I know this because I've done this myself.

Recognizing the erosive nature of monetary inflation, I decided to sell my house in Norway, pay down all debt, and put my savings into gold rather than a savings account. This had the immediate effect of reducing my taxable wealth to zero. My cash-flow flipped from negative to positive. Without the fees and taxes associated with the house, I was able to turn my finances around. I had escaped the real-estate trap. I was once again in control of my finances.

Then, something unexpected happened. The mere sight of the physical gold made my wife far less socialist in her views. Her tenderness towards the state was re-directed towards me, and this process has continued to this day. The decisive moment was the day she got to see the gold and hold it in her hands. What had been mere numbers and abstract talk was all of a sudden real, and the psychological impact of this was immediate. This ability of gold to flip people from socialist to libertarian is no doubt known to the state and the reason the state is so eager to demonize gold.

A further concern for the state is the fact that gold is scarce. There's only 20 grams of above ground gold per person. To own an average share of this, a family of five needs no more than 100 grams. It's easy for a family to amass sufficient gold to become independent of the banking system and its fiat currency. Gold can be used as security internally in the family. Family members with access to cheap credit can in this way provide the entire family with cheap credit. The gold circulates internally in the family without ever being sold. This non-binary approach can thus benefit everyone. The power of the banking system is greatly reduced, reducing in turn the grip of the state over the family.

Gold's anchor to the physical world is of great psychological value, probably because this link is intuitively understood to give gold stability in terms of purchasing power. Gold will always be more valuable than silver, which in turn is more valuable than eggs, butter and milk. My wife's reaction to seeing our gold was therefore natural and immediate. She could literally see and feel our riches.

This is not true for fiat or crypto, which have little to no physical existence. They don't have the same psychological impact because numbers don't relate to things in the same way that things relate to things. The number 100 is bigger than 10 and less than 1000, but none of this tells us how many eggs we can get for it. The abstraction renders fiat and crypto worthless as long term stores of value. There's no way of telling what 100 Bitcoin may buy in the future because Bitcoin lacks any physical properties that we can relate to. The cure to socialism is therefore not Bitcoin, but gold and silver.

Gold gives us immediate control of our finances, it provides security for the family, and it bypasses the banking system. It renders us sovereign, with loyalties directed towards family members rather than the state. Gold cures socialism wherever it's adopted. It's therefore an important tool in spreading liberty. Liberty minded people should own gold for themselves and encourage others to do the same. Safe in the knowledge that gold cures socialism, we can focus our narrative on the immediate benefits of owning gold. No-one needs to be told that gold ownership is in the end a strong political force on the side of liberty. 

Sovereign

By Heritage Auctions for image, Mary Gillick for coin - Newman Numismatic Portal, Public Domain, Link