When To Sell Silver or Gold
66When is the best time to sell silver and gold. Many people are rushing to sell their gold and silver investments right now. They see the gold and silver prices and are running to get the biggest bang for their buck. Gold is at an all time high and so is silver. So how do you know? When is the best time to unload all those investments? Here we will give you some great advice. Advice that the common financial planner will not give you. They avoid this advice because it means that you will take your money out of their hands and put it somewhere safe. We will also give you some information on who to listen to and who to follow. Basically, we are looking for one thing....RESULTS. Who has the best results....THE WEALTHY. Listen to the wealthy about money and achieve the best results. It really is that easy.
Our Tricky Economy
We are in a strange position right now with the global economy. We are about to see some changes in our national and global financial situation that we have never seen or experienced before. We have never experienced anything like our current financial situation in the history of the world and the biggest wealth transfer in history is coming very soon.
Printing Money
Ireland, Greece, Dubai and the United States all just recently received an uber billion dollar bailout. Basically, we are taking countries that can not manage their own debt and giving them more debt to keep the economy afloat for a few more years hoping that they can have their situation handled. The thing is, that it won’t happen. Do you think that it is ironic that all these countries are getting bailouts at the same time? No! It is not. This is all happening because all the worlds monies are backed by the American dollar and the American dollar is nothing but an I.O.U that has no backing. At once the American dollar was backed by Gold. However, that is no longer the case.
I can tell you one thing for sure. Ever since the first dollar was printed way back in Ancient Greece thousands of years ago. When a country or economy begins to print money on a rapid basis the price of Gold and Silver sky rocket. It has happened to every civilization that has tried this until they reach hyper inflation or a massive depression. In the past 2 years the United State has printed more money than they have in the previous 150 years. In Nov. 2010 they just printed another 60+ billion and are planning to do it again early 2011. Many do not know this but America also printed money for Greece’s bailout. Interest rates are at an all time low to attempt to get Americans to spend and we have steadily seen silver and gold increase in price.
Prediction
To put it bluntly Robert Kyiosaki says there are 3 types of financial advice that you can listen to. Poor people give poor financial advice, Middle Class people give mediocre financial advice and Rich people give rich financial advice. Listen to the rich, they have been and still continue to put their money into Gold and Silver as of right now Dec. 2010. Warren Buffett is now the largest silver holder in the United States. If that doesn’t tell you something then I do not know what will. Hold on to your silver and gold until we see the dollar drop to it’s lowest point. You will know when this happens. If you need some resources or people to guide you along the way here are some links of people that know what they are talking about.
Trustworthy Advice
Every extra dollar I get I am putting into silver and gold. Not because I know what to do but because I listen to the people that get THE BEST RESULT....who is that? The wealthy. Not the people on the radio that are supported buy the big stock and mutual fund companies.
