The term 31p1 is derived from the number of grams in a troy ounce of gold, which is 31.1. The premise behind a 31p1 is for employers to offer their employees an effective new benefit that allows anyone, at any income level, to save in gold in amounts as small as one gram or as large as one ounce. This new savings vehicle will help employees turn spending habits into saving habits which will begin to reverse the savings and retirement crisis we are facing today.
The time has come for all of us to take control of our own financial future. There is no doubt that we have a savings and retirement crisis that involves the majority of our working population. The financial golden rule of paying ourselves first is probably the most important financial habit we can cultivate. This is exactly what the 31p1 program offers to all employees and employers. It is very clear that employee benefits play a key role in the success of any business. We urge you to consider our newly developed 31p1 gold savings program as your next benefit to both your employees and your business.
That is great if you do. That means you understand the importance of saving to secure your financial future. The 31p1 is a great compliment to a 401k in two ways:
Over a long period of time gold has proven to maintain its purchasing power while cash has declined because of inflation. Gold has shown to be inflation proof. Therefore, you can look at it as an insurance policy on your cash. A 31p1 is not intended to replace a 401k, but to give individuals an additional vehicle to secure their financial future, but in real money… Gold.
"The desire of gold is not for gold. It is for the means of freedom and benefit."
"No other commodity enjoys as much universal acceptability and marketability as gold."
"As fewer and fewer people have confidence in paper as a store of value, the price of gold will continue to rise."