What’s The Color of Your Money?
One of my favorites from Sesame Street, Kermit the Frog, always said, “It’s not easy being green”. If money could talk, I think every American dollar would be singing that song today. The dollar has suffered a great deal. It’s value continues on a very rocky road. Some are claiming the eventual collapse of the dollar.
Going back to 1971, when President Richard Nixon took America off the gold standard, the dollar has never been the same. All that green paper that you are holding in your wallet or purse, isn’t worth what it used to be. Whenever the dollar falls the price of silver and gold go up.
I have been involved with the network marketing business for a brief period of time, and in the time I have been with some very well known companies that have been around for a long long time. I am using an internet marketing system to market my businesses that is the best on the planet. It has completely changed the way I do business today.
The best way to hedge against inflation and the falling dollar is to invest in commodities. Gold, silver, copper, and real estate. Real estate is a tremendous investment right now, if you can get a bank to loan you the money. But how about gold and silver?
Gold is about $1200 an ounce, and silver is going for about $18.00 an ounce. According to Robert Kiyosaki, silver is the better buy right now than gold. He says you should be buying it up. Why?
1. Gold is more plentiful then silver. 2. Silver is more in demand for manufacturing purposes. 3. You can get 60 ounces of silver for every ounce of gold you buy.
Now what if you could trim a hundred dollars off your budget every month? Cut out your Starbucks everyday. Start a carpool from your office. Get rid of a couple of those movie channels you never watch. Take those one hundred Abraham Lincolns and put it into some silver every month. Just think where you could be by the end of the year.
I don’t know how you are about new years resolutions, but this one sounds worth looking into. Putting your paycheck into a bank that pays you 2.5% or in silver that could pay 50% or more.
Could silver hit $100 an ounce?….Some are saying yes. What would be the color of your money then?
For more information on how to protect yourself from inflation and the falling dollar go to Gold and Silver
