No One Will Dispute This
The fact remains that the United States is the world’s greatest empire even without being the largest land owner on the planet. In terms of influencing agendas and making its voice and presence felt, there’s only one America, and the rest are usually fleeting contenders.
For over 130 years, it has maintained its place as the largest economy GDP-wise, and since the discovery of oil on a large scale in the 1870s, it has never closed out a decade with a smaller economy than it started with. It’s the only country in the world that can claim that.
It’s not just its economy; the political stability the country enjoys is the 2nd-longest running on a continuous basis.
This country has managed to be a beacon of light and a pillar of hope as to the potential that can be extracted from the human race under the right conditions.
The U.S. controls 30% of the world’s wealth, 20% of the manufacturing capacity, 40% of the military footprint, 50% of the naval presence, and has over 700 overseas military bases spread throughout.
For a country with nearly 4% of the world’s population, its success rate is unmatched.
The U.S. marries the attitude of entrepreneurship with the most ideal geographic features and geological history.
At the heart of it, the Mississippi River and the river system that feeds it are unique and allow for the transportation of supplies and people in a manner that no other country can compete with.
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Because of its relatively calm waters thanks to its low elevation, traversing this natural superhighway is cheap and doable not just in the modern era but in times past.
The Mississippi River is the longest there is when measured by the ability to travel it without hitting an obstacle. This means that merchandise can be transported from Mexico to as far as Minneapolis without an issue.
In terms of the cost to deliver, cargo ships that cross this river incur far lower costs than driving on roads or by air courier since the river is free to use and no maintenance or infrastructure expenses were needed to construct it at the outset.
In the end, the Mississippi River and its stems can reach many large U.S. cities, effectively connecting them to the ocean and the global trading system.
These unique features are just the tip of the geographical iceberg when it comes to America’s moat in the world.
Just like America and its unique and durable characteristics that made it what it is today, gold has very distinct traits that constitute the chief reasons for it being the best form of money and the most reliable.
Does America go through times when others doubt it or it is out of factor? SURE.
Does gold go through periods where it seems that people dismiss it and pay no attention to it? SURE.
In both cases, at the end of the day, betting against America and gold has been a grave error of judgment.
Interest rates are now rising faster than the market originally believed they would. When this stabilizes and normalizes, gold will be back on the right track, and so will America.
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