Big Money Forums  

Go Back   Big Money Forums > Business and Personal - Money Management and Protection Tools > Insurance and Protection Discussion
Register FAQ Calendar Radio Search Today's Posts Mark Forums Read

Reply
Submit Tools Thread Tools Search this Thread Display Modes
  #1  
Unread 04-08-2011, 10:36 AM
BigBlonde BigBlonde is offline
Registered User
 
Join Date: Apr 2011
Posts: 3
Rep Power: 0
BigBlonde is on a distinguished road
Wink Wealth Insurance

As the Dollar keeps falling and inflation keeps rising your personal wealth is diminishing. Whether it's the change in your pocket or the savings in your account there worth less and less as The Federal Reserve continue to provoke inflation by flooding the currency markets with bits of printed paper. Every time they print dollars it reduces the value of the ones you have. The Dollars position as the World's Reserve currency is fragile and in time it will lose out to the strength of the Chinese Yuan. are proactively adopting a strategy for economic domination and the demise of the Dollar is key to it. Once achieved what then for your dollars?
The Chinese are the largest producer of gold in the world. They are also the largest investors. They bought more than in the first 2 months of this year and demand from China is growing as I write. Eventually they will be able to back their currency with real wealth and a real reference - Gold. Other major currencies including the Dollar, Euro and Pound cannot - they are Fiat (or unbacked ) currencies.
If you keep your wealth in dollars it can only go one way. If you want wealth insurance consider buying Gold as it protects and preserves wealth against inflation and currency devaluation - proved throughout the course of history.
Like any insurance, it's always better to be covered before the event!
are considering the reintroduction of gold (and possibly silver) money (coins) because of their fears over diminshing dollar value.
If you haven't thought about it yet maybe it's time to consider the alternatives to Greenbacks. Read up and be informed before you're hard earned cash becomes worthless!
Reply With Quote
  #2  
Unread 07-27-2012, 07:44 AM
moore.davidv11's Avatar
moore.davidv11 moore.davidv11 is offline
Senior Member
 
Join Date: Jul 2008
Posts: 316
Rep Power: 16
moore.davidv11 is on a distinguished road
re

The Baltimore Life mission includes a commitment to managing its business portfolio on a sound financial basis.
Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Google
Forum Jump


All times are GMT -5. The time now is 06:46 PM.

Powered by vBulletin® Version 3.6.7
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.