Wednesday, December 15, 2010

Your Money Invested!!

Hello Friends,
I woke up this morning with alot of ideas and money on my mind today and how it is best to invest it. I have been reading the financial section like I do every week and something really hit me that I don't think many other editors have written about much and that is the price of gold and other more valuable commodities. I just struck me that with all the Federal Reserve Bank is doing to prop up our failing economy that none of the markets and the Fed bank are really protected by a dollar bill currency that is backed by anything that has any real value tied to gold or diamonds. I know that statement might be considered wrong because over many decades the Federal Reserve has put real gold bullion into the vault at Fort Knox and possible another location but if you put the total value of all the gold that this country owns verses the amount of paper money printed then you see that the value of the dollar changes to almost nothing or no value. This all compared to the meager value of all precious metal including gold presently stored in any safe holding area means that our dollar bill as a currency is worth only the paper it is printed on and no more than that. No wonder why we have become the largest debtor nation on earth and yet we continue to out spend our own GDP and real net worth in gold by a huge margin. This is why we are a economic melt down is slowly happening in his country and why we are losing jobs and productivity due to our high tax and wastefull spending habits as a nation. Every time we increase the national debt ceiling we increase the amount of pain that the current generations have to bear which includes a poor economy but also the future generations of young kids who are going to find it even harder to make something of themselves due to our lack of financial sanity.So you be asking your self so why does this effect my own investing strategy and how much will I have to work until I can retire and live on my savings and investments? Good question for my readers to consider and look at thier own net worth. Well heres the answer and that is takes about $300,000 dollars in accumulated wealth to just live what little years you have left after you retire to still have a home and food and some bills paid based on current inflation. The current value of the dollar bills you have you would get about 9 years living that way and your investment accounts and savings accounts would be broke which is why so many Americans are allready broke or facing being broke due to the national debt and cost of living. So my prediction is that gold will hit $3000.00 a ounce by March of year 2011 and that is why it is a good idea to buy gold now intead of waiting for some time later. While some blue chip stocks are a good investment still and most people run to bonds when the stock market goes sour but nothing beats the real value of gold and other metals and diamonds. So investing in a hard currency that has a value and will never completely lose that value is allways a smart decision. Look at your own debt to net worth ratio and see where you can increase it and decrease your overall debt and also add more value by buying gold,diamonds and other valueable metals that is a good way to weather the poor economic ressession that we as all Americans are going through. Have a great now my friends and enjoy your day of Wednesday and stay warm!!!!

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