Adbongo is going gold. That’s right, we’re ditching paper for the shiny, sparkly stuff. Why? The answer is simple: the value of gold is increasing while the purchasing value of fiat currency is decreasing. Plus, gold can’t be counterfeited, it’s not so easy to burn, and it can be molded into a sculpture of a monkey. Adbongo’s conversion to the gold standard is great news for our current and future clients. As goods and services increase in cost, so does gold. This truth protects the harmonious balance of fair compensation for fair payment for all goods and services rendered.  Because we are building the clean economy, the more the old paradigm collapses the more value we have to those still behind the curve.How does it work?

As long as a client retains Adbongo for one hour a month, rates are locked in at the value quoted on initial contract-signing day. (We charge 1/10 of an ounce of gold an hour.) Therefore, even if our prices should go up based on gold standard numbers, the client’s rate holds steady, essentially saving money for that business.

with the exception that gold is not coming down anytime soon.2009 saw the largest amount of gold purchased in one year in over 70 years. This year, the World Gold Council says we are only a few tons off before we pass that record.

Currently we are 270% over the amount of gold purchased in 2010, and we still have four months to go. Clearly, Adbongo’s not alone in our courtship of gold.

stable currency than the wildly fluctuating, manipulated fiat (paper) currency, we believe more businesses will begin to convert. One of the permaculture principles is “use the edges and value the marginal”. Another way to look at it is “Don’t think you are on the right track just because it’s a well beaten path.” The dollar is clearly adored by only the ones who control its value or have a significantly larger portion.

To learn more about the possibilities of using the gold standard, contact our resident currency expert, Daniel Shane Cleary at scleary@adbongo.com…