| Is the price of gold really going up? I am constantly | | | | bring back prisoners." In ancient times this concept is |
| hearing about how great it is to invest in gold right | | | | how great generals actually kept up and built their |
| now and diversify. But what is really happening with | | | | armies. Today it is the only way the rich are able to |
| the price of gold? | | | | maintain or still move forward. |
| When the U.S. came off the gold standard in 1971, | | | | Because of the lack of education to the poor and |
| meaning for every dollar in circulation there was a | | | | middle class, their still using sound financial advice |
| dollars worth of gold to back it up, the U.S. was able | | | | from forty years ago. That sound financial advice is |
| to print more money in order to stimulate the | | | | no longer so sound. |
| economy. The reality of it all is, that the true value of | | | | With this information you can essentially do one of |
| gold never changed. It's the fact that ever since that | | | | three things. |
| day the US dollar has been continually loosing it's | | | | 1) You can ignore everything I have said and keep |
| buying power and value to gold. | | | | doing what you have always done. - Let me remind |
| Today we are at a point that when you save a dollar | | | | you. Einstein's definition of insanity is to continue to |
| today it is actually worth less than a dollar tomorrow. | | | | do the same thing expecting a different result. |
| We all grew up hearing that we should always save | | | | 2) Spend like there's no tomorrow, because |
| our money. The problem with that now is that the | | | | tomorrow you won't be able to buy as much as you |
| US dollar is constantly loosing its value, meaning what | | | | can today. - Is that really going to help you improve |
| you put away in savings will not buy as much when | | | | your situation? Your true dreams and lifestyle you |
| you go to pull it out. | | | | believe you deserve will probably never happen that |
| Saving your money worked great for our parents | | | | way. Constantly spending all your money may give |
| and grandparents generation, because they were still | | | | you temporary joy, but won't really accomplish |
| on the gold standard. For every dollar they saved it | | | | anything substantial. |
| still resulted in a dollar of buying power later. This was | | | | 3) Educate yourself as Robert Kiyosaki has stated in |
| a good strategy and why such good advice was | | | | financial education. Learn how money really works. |
| passed down from their generation. | | | | Learn from the rich, don't despise them, because |
| This all changed on that fated day in 1971. With the | | | | they're not giving you what they have worked for. |
| ability to print more money, inflation was created and | | | | Only through education and understanding will things |
| began to run rampant. After that day in 1971 when | | | | truly get fixed. Mostly what you're seeing in |
| the government and federal reserve were allowed to | | | | government and most people's daily lives is merely |
| print more money as they saw fit our dollar of | | | | bandages on top of band-aids. |
| savings was no longer able to hold its value. | | | | I'll quote Jim Rohn again - Traditional education will |
| Today in order for you to truly save money you | | | | make you a living, self-education will make you a |
| actually have to get a return equal to that of inflation | | | | fortune. Only through learning what is really going on, |
| or the price difference that gold has changed for the | | | | can you then find ways to improve your situation for |
| length of the savings. Without properly knowing how | | | | you and future generations. You deserve better than |
| to invest and understanding how money works 90% | | | | what has been left to you, but only can help you, it |
| of people are going to loose out. | | | | appears the politicians for the most part right now |
| This is what is actually causing the problem with the | | | | are only going to do what will get them another term |
| U.S. loosing much of the middle class. They're saving | | | | and that is rarely what needs to be done to really |
| money, but everything is costing more due to | | | | start fixing the problems out there. Don't get left |
| inflation and the economy and so they pull much of | | | | behind. |
| this money from the savings. The money they | | | | When you were a kid, perhaps you wanted to be an |
| saved, however, is not worth as much now as when | | | | athlete. What did you do, you had a hero and idol |
| they put it away, it's lost most of it's buying power, | | | | someone that you studied. Why? Because you |
| so they're actually having to utilize or spend even | | | | wanted to be like them, you wanted to do what |
| more. When the savings is all used up to keep up | | | | they did. Don't get mad at Bill Gates because he |
| with the Jones's they then revert to putting things | | | | figured out how to make money. Learn from Bill |
| on credit and inflate the problem even more. | | | | Gates, Donald Trump, any one of true success that |
| The rich in the equation are really not to blame. They | | | | has built something and continues to grow it. |
| are just more educated on how money works. They | | | | You want to learn acting, go to an actor, you want |
| also have not been saving money, they've been | | | | to learn to have a lifestyle that you dreamed of and |
| finding ways to invest their money to get a better | | | | make money in business. Do as those in business do, |
| rate of return. Depending on this rate of return, they | | | | don't wait for the government hand-out, that will |
| are in reality maybe only breaking even in comparison | | | | ultimately only level the field in the end, make |
| to what the dollar is actually loosing. | | | | everyone the same, and you will never have the |
| I recently heard Kevin O'Leary mention on the Shark | | | | freedom to move forward as what business and the |
| Tank "My money is like little green soldiers that I | | | | American Dream can truly provide. |
| send to war. I expect them to go out, do battle, and | | | | |