Green, Gold or Silver – What’s The Color of Your Money?
Feb 2, 2010 wealth building
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.
Ever since Richard Nixon took us off the gold standard back in 1971, the dollar has faltered. That green paper you carry around is just that. Paper! But whenever the dollar falls the price of silver and gold go up.
I have been in the network marketing business for just a short time compared to my business partners. I was involved with some very well known companies a long time ago and recently I have been using an internet marketing system that is second to none. It has completely changed the way I do business today.
The best way to protect yourself from inflation is to invest in commodities. Real estate, gold and silver is where you should be. Real estate is difficult because banks aren’t loaning money. But what 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.
If new years resolutions are your thing, I think this one might be worth looking into. Investing into your families financial future is worth more then that 2.5% you get from the bank.
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
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