| More Hidden Financial Secrets of the Elite Wealthy, | | | | restaurant, stay in a beautiful hotel plus have |
| Rich and Famous - Part II. | | | | enough money leftover to grab a cab ride home. |
| History delivers the true facts. Inflation rises | | | | How can that be you ask? Since gold fluctuates |
| faster than wage increases and it cost more to | | | | daily on the market, right now it's running on an |
| live each and every year. As mentioned in Part I, | | | | average of $670 (June 2007) per ounce, and |
| in 1964 the United States went off of the Gold | | | | certain Numismatic Coins are delivering a much |
| and Silver Standard when the US Dollar was | | | | higher gains based on their mint, numismatic date |
| backed by these tangible assets (gold and silver) | | | | and condition. So tell me… based on $670 |
| and when the dollar was worth 100 pennies in | | | | an ounce for spot gold, can you or can you not |
| purchasing power. Now it is not backed by any | | | | receive everything I mentioned above for $670? |
| tangibles like gold or silver! Today that same US | | | | Of course you can! |
| Dollar is only worth only about17 cents in true | | | | Once again, history has proven the true and |
| purchasing power. So if you were around in 1964 | | | | honest facts that precious metals maintain their |
| and you were earning $17,000 a year you would | | | | purchasing power. Another modern, example: In |
| need to earn $100,000 a year today to live the | | | | 1966 you could have purchased a 1966 Ford |
| same kind of lifestyle as you did in 1964. Nothing | | | | Mustang GT with all the bells and whistles one of |
| more and not like a King or a Queen… just | | | | two ways. You could use $2,000 in U.S. Paper |
| to maintain that same lifestyle you had back in | | | | Money or you could use 2,000 ounces of silver. |
| 1964 earning $17,000 a year. | | | | But nevertheless let's say you did not purchase |
| Here is something else to think about. In the | | | | that Mustang back in 1966 and stashed away |
| 1960's, on average, it took one income to run a | | | | your $2,000 U.S. Paper Dollars into a suitcase and |
| household. In the 1980's a lot of moms and dads | | | | fast forward to today. If you brought in this |
| had to have two incomes just to maintain the | | | | same suitcase of cash to a Ford Dealership to |
| same lifestyle and household. Today, it takes 2 | | | | purchase a Brand New Mustang the dealer would |
| parents working one or two jobs just to make | | | | say "hey that makes a nice deposit… but |
| ends meat. Simply do to the fact that Inflation, | | | | you need another $24,000 in Federal Reserve |
| Interest Rates, and Income Taxes are increasing | | | | Notes because that Mustang is now selling for |
| faster than wages. Many families are living | | | | $26,000." However if you put your 2,000 ounces |
| paycheck to paycheck, working 2 or more jobs | | | | of silver in another suitcase back in 1966 and |
| just to stay afloat and for the most part, keeping | | | | walked into a ford dealership today, you could |
| the bill collectors at bay. | | | | purchase the Brand New Mustang with the Same |
| Throughout history Silver and Gold have been | | | | 2,000 ounces of silver and still have enough |
| used as money and a sign of wealth and power. | | | | money left over to buy a nice suit, dress shirt, |
| Governments have been toppled for it and whole | | | | tie, belt, underwear, socks, shoes, attaché |
| civilizations wiped out for it. It has been here for | | | | case, plus have enough money for a nice meal at |
| thousands of years before we were put on this | | | | a pricey restaurant, stay in a beautiful hotel plus |
| earth and it will be here long after we leave this | | | | have enough money leftover to put a down |
| earth plus will always maintain its value. For | | | | payment on your next vacation. |
| example on this subject and how these precious | | | | How can that be you ask? Well silver is being |
| metals hold and maintain their purchasing power | | | | traded for approximately $14.20 an ounce for |
| over time, let's go back about 3,000 years during | | | | spot silver today (June 2007)… however a |
| the rein of Cesar in the Roman Empire. | | | | 1986 American Eagle BU Silver (1 Ounce) Coin |
| If you walked into a robe maker (tailor) back then | | | | (.999 Pure Silver) that was originally purchased |
| with a one a ounce gold coin you could of | | | | around $5 per coin is now selling for and up to |
| purchase a robe, tunic, sash, sandals, a walking | | | | $67.50 per coin. Do the math using 2,000 ounces |
| stick, buy yourself a fine meal, a nights stay at an | | | | of silver and see what you get? Once again, |
| inn (their term for hotel) and in the morning on | | | | precious metals maintain their purchasing power |
| your way out of town have enough money to | | | | and could go up in time where Federal Reserve |
| purchase a few goats and sheep. Now let's fast | | | | Notes go only one way… and that is |
| forward 3,000 years to today's date. With a one | | | | down, down and down in purchasing power. |
| ounce gold coin providing you are a male, you | | | | Have you ever heard of a Self-Funding Savings |
| could purchase a nice suit, dress shirt, tie, belt, | | | | Plan with NO Out-Pocket Expense? That's why |
| underwear, socks, shoes, attaché case, | | | | the Rich Get Richer because They Know the |
| have enough money for a nice meal at a pricey | | | | Hidden Secrets! |