Before you start reading, take a moment and look around you. There’s a good chance that everything you see is human creations—sophisticated products of human ingenuity and intelligence backed by hundreds of years of accumulated understanding of how and why nature works. The prosperity of our civilization is based on the following virtuous circle:
- Find out how and why nature works,
- based on this understanding, develop technologies and innovations,
- manufacture them…
- …and sell them.
And if you sell these technologies and innovations – for example, microscopes or spectrometers – to researchers, they can even better investigate how and why nature works, and the virtuous circle rises to the dizzying heights of the immense wealth of our civilization.
However, the virtuous circle needs some important institutions to work properly: Science cannot thrive without freedom of speech and thought, the development of technology, and innovation requires a certain degree of capital accumulation, manufacturing requires stable and predictable property rights, and sales are best organized in a free market. But without Science, the virtuous circle breaks. Thus, we need to understand where and why this wonderful human activity started and where it is heading.
The Technological Sprint of the Late 19th Century
Before the Reformation, one monolithic religious Truth reigned in Europe and there was no room for other opinions. However, the Reformation split this truth into two – mutually exclusive ones. In the gap between the two religious truths, scientific truth began to sprout. Almost immediately, the virtuous circle described above kicked in, and miraculous technologies began to emerge.
For example, in 1742, Benjamin Robins noticed that by combining Newton’s law of motion and the equation of state of gases (discovered a few years earlier by Robert Boyle), the muzzle velocity of an artillery projectile could be calculated. This discovery made artillery much more precise. Frederick the Great of Prussia noticed the discovery and asked Leonhard Euler to translate and supplement Robins’ work. On this basis, Frederick completely rebuilt his army – he introduced fast and accurate horse-drawn artillery, which was an almost unbeatable force in Europe at the time. Napoleon later only copied and perfected this model. […]
— Read More: brownstone.org
At Last, a Company With Integrity in the Gold IRA Industry
For several years, I’ve been vetting out precious metals companies in search of the best. I believe in gold and silver but it’s hard to find integrity in the Gold IRA industry. The vast majority operate with shady tactics and gigantic spreads that take advantage of Americans who simply want to protect their life’s savings.
I’ve found a handful that I like and I’ve worked with some of them. By no means would I “unrecommend” them because, again, I vetted them out and found them to be above the fold. Unfortunately, it isn’t hard to be better than the rest when the rest are so darn awful.
After years of searching, I finally found a company that truly operates with integrity. Augusta Precious Metals has three important attributes that set them far above the competition:
- Non-Commissioned Sales Team: I cannot stress how important and unique this is. With just about every other company in the Gold IRA industry, the sales teams make commission from every account they open. This means they steer their clients toward the gold and silver products with the highest commission. With Augusta Precious Metals, the team is solely focused on putting the best gold and silver for their clients into their IRA. They get paid to serve the best interests of the Gold IRA client, NOT their own commission pay.
- Incredibly Low Fees: Most Americans would be shocked if they knew the spread other Gold IRA companies charge. Augusta charges just 5% versus up to 45% elsewhere.
- No Pressure, No Gimmicks: There’s an understanding among most in the Gold IRA industry that fear and pressure is the way to go. Augusta Precious Metals takes a sober approach when working with clients because they hold integrity in the highest possible regard. This is why they don’t offer gimmicks like “free” or “bonus” silver. It’s also why they do not apply pressure tactics to get quick sales. Their educational and transparent approach to doing business is exceedingly rare in the Gold IRA industry.