Kermit the frog sings a great song called, " It's Not Easy Being Green". I think that if money could talk, that would be it's favorite song. It's not easy being an American dollar today. It's value continues to drop and drop and drop. Some are predicting 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.
The network marketing industry has been a part of me for awhile, but I have been with some very well known companies that have been solid for a long time. I have my own internet marketing system that is in place. and taking my business into the next level.
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, at this printing, is about $1200 an ounce, and silver is about $19.00 an once. Actually silver is probably a better buy then gold. According to Robert Kiyosaki, you should be buying silver up right now. Why?
1. There is more gold then there is silver. 2. Silver is used in manufacturing more then gold. 3. You can buy 60 ounces of silver for every once of gold.
I think I want to take a long hard look at my budget and see what I can eliminate to free up some money. Starbucks everyday? That sports channel that I don't really watch anymore? Maybe even start a car pool with that guy from work. Find a way to save one hundred dollars a month, and take that green paper money and exchange it for some silver real money. Just think how fast that would accumulate.
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
