Tuesday, 21 July 2009

Paper Money, Gold or Silver?

The current economic climate has made it difficult to continue writing about paper money without relating it to the reality that befalls us all. Life has become very stressful for most. No job, no home and little prospects of seeing the light at the end of this dark tunnel!

So what do you really think! My advice is what ever extra money you have saved up needs to be wisely invested in non paper money investments such as gold, silver, land or property. Things will get worse before they get better and leaving your hard earned cash in a bank as paper money will not serve you well in the long run.

Have you noticed that both banks on either side of the Atlantic Ocean have taken to selling off their gold and silver reserves to keep the price of gold down? Once its all gone the prices are going to shoot up sky high, this will in turn deplete the value of paper money to never before low levels.

The history of paper money in the east is about to repeat itself in the west. Take note and heed the well meant warning. I am not an economics expert but there is a bubble that is about to burst try and help yourself and get something tangible from your hard earned savings. Buy gold or silver now!

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