Don't be robbed.....Don't sell your gold.
Hello everyone,
I'm am writing today to try to warn you about selling your gold, why it is a horrible idea, and why there is really no benefit to you at all.
First off I want to say that if you are one of the people out there buying the gold, you are probably not going to like what I am about to say, but I cannot just sit back and watch people be bought into this scheme going on.
For anyone that doesn't watch TV, or go to the mall, or leave the house, let me tell you what we are talking about here. Lately there has been a large number of people forming businesses that will offer you cash for your gold. Of course there has always been jewelers, and other businesses of the like that would buy your gold, but until the past couple of years there hasn't been such a large number of these establishments.
Now what I am amazed at is that these stores suddenly popped up, and nobody ever said “why?” “why are there so many people wanting to buy my gold?” AND these people are willing to just hand out cash during a time of economic recession. All these weird things are happening and everyone is so blinded by the instant cash slogan that they don't even question why these people want their gold so bad.
Well everyone get ready to have the biggest “wow” moment of your week.
Back in 1971 something huge happened, in 1971 president Nixon without the approval of congress separated the dollar from gold. Before 1971 our U.S. Dollar was backed by gold meaning 1 dollar equaled X amount of gold. Because of this inflation was very slow, since the dollar was backed by gold, there had to be more or less gold for the value of the dollar to change. Although after Nixon separated the dollar from gold, it no longer was money but it was now a currency.
How does this effect us you ask?
Well since the dollar was no longer backed by gold, if the government wanted more money in circulation all they had to do was print more, and that's what they did. Have you ever wondered how you could measure the value of you dollar? Probably not but if you ever do the rest of this paragragh can help.The fact is that gold doesn't really change in value very much. In order for it to change, either more gold has to be mined, or more has to be used up. So if you hear someone say “gold just went up in value today” you should saw to them “no your cash went down in value”. The reason for this is, when the federal reserve prints more money, as they did when you heard about all these bailouts, the value of the dollar goes down.
Let me explain like this.
You have 50 dollars today,
Tomorrow the federal reserve prints off 25 trillion dollars and puts it into circulation,
I'm sorry but your 50 dollars is not worth fifty dollars anymore it might be worth 48 dollars.
Simple supply and demand.
What i'm saying is that every time the federal reserve prints more money, our dollar goes down in value. The problem is that many people don't notice it. Since nobody is going around and changing our $50 bills to $48 bills,we still think it is worth $50. So if our dollar is no longer worth the same amount and there is no way to physically go around and change dollar bills, how do you think they compensate for this lose in value. You have heard the word before....its called “inflation”. We have all heard the stories of parents and grandparents, and you have probably experienced it yourself. Do you really think that a pack of gum is worth a dollar more to people nowadays than it did to people 30 years ago?
NO, the pack of gum is still worth the same amount what has changed is the value of the dollar you buy the gum with!
So if you have read the first portion of this article you should be starting to realize why these people want to buy your gold so bad. They have done their study of history and know that the dollar is losing value so they want to buy you gold, because gold is something that doesn't lose value. This is the part that really frustrates me.
They are trading you something of tremendous value (your gold) for something that isn't worth dittley squak( cash money)!
So what I am saying if I am saying anything at all is DO NOT SELL YOUR GOLD!!
You are giving away something that actually has value for something that is really just worthless.
If people don't realize what is going on, when all is said and done, they are going to be left with 2000 dollars or whatever amount they turn in which in ten years could be worth 20 bucks. While the guys that bought all this gold now have a pile of gold worth billions maybe even trillions
You have to realize also that if you have one million dollars in the bank today and don't touch it until you retire, by the time you retire your one million may only be worth the equivalent of 100,000 today. So you need to not only save money but also learn how to make it make you more money, but that is a topic for another time.
talk to you later,
Brad Smith
What would you say if i told you that you could work with Donald Trump himself. well you can! Fill out the form below to recieve more information.
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I'm am writing today to try to warn you about selling your gold, why it is a horrible idea, and why there is really no benefit to you at all.
First off I want to say that if you are one of the people out there buying the gold, you are probably not going to like what I am about to say, but I cannot just sit back and watch people be bought into this scheme going on.
For anyone that doesn't watch TV, or go to the mall, or leave the house, let me tell you what we are talking about here. Lately there has been a large number of people forming businesses that will offer you cash for your gold. Of course there has always been jewelers, and other businesses of the like that would buy your gold, but until the past couple of years there hasn't been such a large number of these establishments.
Now what I am amazed at is that these stores suddenly popped up, and nobody ever said “why?” “why are there so many people wanting to buy my gold?” AND these people are willing to just hand out cash during a time of economic recession. All these weird things are happening and everyone is so blinded by the instant cash slogan that they don't even question why these people want their gold so bad.
Well everyone get ready to have the biggest “wow” moment of your week.
Back in 1971 something huge happened, in 1971 president Nixon without the approval of congress separated the dollar from gold. Before 1971 our U.S. Dollar was backed by gold meaning 1 dollar equaled X amount of gold. Because of this inflation was very slow, since the dollar was backed by gold, there had to be more or less gold for the value of the dollar to change. Although after Nixon separated the dollar from gold, it no longer was money but it was now a currency.
How does this effect us you ask?
Well since the dollar was no longer backed by gold, if the government wanted more money in circulation all they had to do was print more, and that's what they did. Have you ever wondered how you could measure the value of you dollar? Probably not but if you ever do the rest of this paragragh can help.The fact is that gold doesn't really change in value very much. In order for it to change, either more gold has to be mined, or more has to be used up. So if you hear someone say “gold just went up in value today” you should saw to them “no your cash went down in value”. The reason for this is, when the federal reserve prints more money, as they did when you heard about all these bailouts, the value of the dollar goes down.
Let me explain like this.
You have 50 dollars today,
Tomorrow the federal reserve prints off 25 trillion dollars and puts it into circulation,
I'm sorry but your 50 dollars is not worth fifty dollars anymore it might be worth 48 dollars.
Simple supply and demand.
What i'm saying is that every time the federal reserve prints more money, our dollar goes down in value. The problem is that many people don't notice it. Since nobody is going around and changing our $50 bills to $48 bills,we still think it is worth $50. So if our dollar is no longer worth the same amount and there is no way to physically go around and change dollar bills, how do you think they compensate for this lose in value. You have heard the word before....its called “inflation”. We have all heard the stories of parents and grandparents, and you have probably experienced it yourself. Do you really think that a pack of gum is worth a dollar more to people nowadays than it did to people 30 years ago?
NO, the pack of gum is still worth the same amount what has changed is the value of the dollar you buy the gum with!
So if you have read the first portion of this article you should be starting to realize why these people want to buy your gold so bad. They have done their study of history and know that the dollar is losing value so they want to buy you gold, because gold is something that doesn't lose value. This is the part that really frustrates me.
They are trading you something of tremendous value (your gold) for something that isn't worth dittley squak( cash money)!
So what I am saying if I am saying anything at all is DO NOT SELL YOUR GOLD!!
You are giving away something that actually has value for something that is really just worthless.
If people don't realize what is going on, when all is said and done, they are going to be left with 2000 dollars or whatever amount they turn in which in ten years could be worth 20 bucks. While the guys that bought all this gold now have a pile of gold worth billions maybe even trillions
You have to realize also that if you have one million dollars in the bank today and don't touch it until you retire, by the time you retire your one million may only be worth the equivalent of 100,000 today. So you need to not only save money but also learn how to make it make you more money, but that is a topic for another time.
talk to you later,
Brad Smith
<
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posted by Brad at
4:42 PM
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