The inclusion of gold and silver in the Constitution by the founding fathers of America served a purpose. One crucial aspect that led to the American Revolution and eventual independence from England was the American Colonists' strong opposition to being involved in England's central banking system.

A central bank is an institution responsible for issuing currency, regulating the money supply, and managing interest rates within a country. Unlike commercial banks, a central bank holds the exclusive authority to print the national currency.

Central banking has faced criticism as it grants significant power to private banks with private owners, lacking proper checks and balances. This situation may lead to irresponsible money printing or actions aimed at advancing their own interests, which can be detrimental to the overall economy.

It is indeed significant to recognize that the requirement for Americans to accept the Central Bank of England was one of the reasons behind the fight for independence in the 1770s.

From 1776 until 1913, various central banking systems emerged and disappeared, depending on the prevailing political climate. President Andrew Jackson was a vocal critic of central banking and, in 1835, helped the U.S. become debt-free with a surplus.

In the early 1900s, when Congress attempted to reintroduce the idea of central banking, the public was resistant. To gain approval, the concept was given a different name, "the Federal Reserve," and powerful bankers like JP Morgan used their influence to create mass hysteria. This manipulation led to a bank run, wiping out smaller banks and making Congress more receptive to the Federal Reserve's establishment.

The Federal Reserve is a privately owned bank, not under U.S. jurisdiction, with the authority to print money and loan it to the U.S. government with interest.

In 1971, the United States government made a significant change by ending the practice of backing the U.S. dollars with an equal amount of gold in the vaults. This decision effectively detached the U.S. currency from the gold standard, allowing the Federal Reserve to print money without the need for gold backing.

Since then, all U.S. dollars printed have not been directly backed by gold, leading to a system where the currency is considered fiat money, meaning its value is based on trust and confidence in the government. This shift has contributed to a substantial increase in the national debt, which has risen significantly since 1971, reaching around $14 trillion dollars. 

2. For the first time in OVER 30 YEARS countries and central banks are BUYING GOLD and the demand only continues to rise.

Indeed, China and India have been major consumers of gold for quite some time. In 2010, these two countries collectively accounted for 52% of the world's gold consumption. The trend continued in 2011, as the demand for gold jewelry saw a 7.5 percent increase during the first half of the year, primarily driven by rising demand from China and India, despite a 25 percent increase in the price of gold. Their cultural significance, investment purposes, and traditional preferences for gold jewelry have been key factors influencing this significant demand.  

Additionally, a recent cable was leaked by the infamous WikiLeaks website, which revealed the REAL reason behind China’s increasing demand… it showed that China’s intent is to make major gold purchases for the sole purpose of weakening the U.S. dollar. 

How to Buy Gold With Your 401(k) ?

You are correct that most 401(k) plans do not allow direct ownership of physical gold or gold derivatives. However, there are indirect ways to invest in gold within your 401(k) retirement plan.

One option is to look for a self-directed 401(k) plan that allows for greater investment flexibility. With a self-directed plan, you may have the opportunity to invest in precious metals like gold through certain custodians or brokerage firms that offer this option.

Another approach is to explore gold-focused mutual funds or exchange-traded funds (ETFs) within your 401(k) investment options. These funds typically invest in companies engaged in gold mining or other aspects of the gold industry. By investing in such funds, you can gain exposure to the gold market indirectly.

It's essential to review your 401(k) plan's investment options and understand any restrictions or fees associated with investing in gold-related assets. Consulting with a financial advisor can help you make informed decisions about incorporating gold or other precious metals into your retirement portfolio. Remember that gold investments can be subject to market fluctuations and carry risks, so diversification and careful consideration are crucial when making investment choices.