Increase your Wealth while having Fun - Money Currencies vs Assets
|
After following the financial market for a while, I became aware of how it is controlled and manipulated. History shows how countries around the world were forced into conflicts, which resulted in the devaluation of their currencies, while flooding their markets with the over printed American dollar.
Not too many people pay attention to the value of their paper money. There was a time before the 1970’s where every paper dollar note printed was backed by an equal amount of gold in the bank’s vaults. But President Nixon removed the gold backing and declared that printed paper money is just as good as gold, so they can just print money out of thin air without having solid wealth to support this monopoly money. |
People did not complain or object, because like usual they were lied to on how good it is for them. Many years of market and currency manipulation had passed and here we are in a bind of inflation, debt, chaos, but also in denial of the truth.
|
|
It is also good to know that the BRICS nations Brazil, Russia, India, China, and South Africa created the BRICS Bank to bypass the World Bank after realizing that the World Bank is also being manipulated and is not serving them at all.
The BRICS nations amongst others are buying all the gold and silver they can for one good reason; and that is because they know something most people don’t; they are planning to bring back the gold standard. Be aware that once this is implemented, the paper money of all countries will be valued according to how much gold and silver and other precious metals they have in their central banks. Since gold is finite not infinite like paper there will be a shortage and the price of it will skyrocket. |
How do you accumulate wealth?
Paper money is not real money; it is a promissory note that says I owe you the equivalent in gold (which is not in the banks any longer) and tax is collected to pay the interest for the paper currency notes that everyone is using. Everyone knows by now that gold and silver prices are suppressed to keep prices down. But gold, silver, and other precious metals will never become worthless like paper currencies.
In order to avoid in the future of having to lose much of your wealth, start visiting your country’s mint and buy some silver, gold and other precious metals coins. Here are some tips on why? 1- These coins are collectables with beautiful art designs 2- Each coin has a limited amount of mintage production number; which means once they are sold out, your coin will be worth more down the road aside from its precious metal’s value. 3- They are sold tax free 4- New coins with new designs are available each month 5- You could get your children interested in these coin collections because by the time they are adults, their collection will be worth a lot more than what they started out with. Children buy and collect Pokémon cards all the time but where do these cards end up? In the garbage. If they were to collect silver coins as well they will be set for a better future. 6- If and when the price of silver and gold increase the value of your collection will also increase 7- These coins are money themselves; they are also a great gift idea for anyone. 8- Even if the currency becomes worthless your coins will be worth a mint. |
|
Gold and silver money coins are hard physical assets accepted all over the world ; which means you are in control of it and can use it, trade it or sell it in any way you see fit. But paper assets are only worth the promise it represents, which means you have to trust someone else to give value to this fiat currency you are holding.
Did you know that Vietnam’s currency was worth more than two dollars before the Vietnam War? After that their currency became devalued terribly. Did you know that Iraq’s currency was worth three dollars before the war? Also their currency became devalued to nothingness. You could say “well the war does that to currencies”; can you say the same about gold and silver coins?! No, because they will always hold their value around the world. You can’t even say the same about stocks, because many people lost their life savings in the stock market, but I’ve never heard of people losing their saving having physical assets. I have also heard of people losing their gold stored in banks for safe keeping but somehow it magically disappeared and they did not get it back!
Did you know that Vietnam’s currency was worth more than two dollars before the Vietnam War? After that their currency became devalued terribly. Did you know that Iraq’s currency was worth three dollars before the war? Also their currency became devalued to nothingness. You could say “well the war does that to currencies”; can you say the same about gold and silver coins?! No, because they will always hold their value around the world. You can’t even say the same about stocks, because many people lost their life savings in the stock market, but I’ve never heard of people losing their saving having physical assets. I have also heard of people losing their gold stored in banks for safe keeping but somehow it magically disappeared and they did not get it back!
|
In this day of age people should stop taking someone’s word for it and start little by little take their matters into their own hands. Trust yourself to do the right things for you and your family. It has been said many times in the financial circles “He who has the gold makes the rules”. I wish someone gave me this advice when I was younger for I would have had a fortune by now; unfortunately I spent my money on stocks that got me nothing but losses. Oh well... Live and learn; it is never too late to live long and prosper.
|