Financial House Fire?

Posted by Tom Opiela
5
Feb 22, 2011
734 Views
Image

                                                            

Financial House Fire?

 

How long would you let your house burn before you threw water on the fire?        

 1 or 2 seconds?

 

How long would you wait to purchase house insurance to protect your family and your investment?

Not even a few seconds, most home owners arrange house insurance before the house is purchased.

 

The cash you have in the bank is more important than the house in terms of financial wealth and liquidity.

 

Why don't most people recognize the need to protect their wealth???

Because they have been duped into thinking paper cash represents wealth. However, nothing can be further from the truth. Paper money that is not backed by a commodity that holds intrinsic value is nothing but paper. The current Fiat US dollar represents nothing of value but rather Debt.

 

The government has given you IOUs, nothing more. As long as other people continue to accept these IOUs the scam can be perpetrated. These words appear on every paper dollar."This Note is Legal Tender For All Debts Public and Private."  We lost the "Gold Standard" back in 1971 when The Bretton Woods system ended on August 15, 1971. President Richard Nixon ended trading of gold at the fixed price of $35/ounce. At that point for the first time in history, formal links between the major world currencies and real commodities were severed. Since that time, the gold standard has not been used in any major economy.

Financial advisers commonly recommend balancing your portfolio of investment for the primary reason of minimizing RISK.  In other words, balancing is a form of insurance to the entire portfolio. Not recognizing that  time tested commodities like gold and silver hold their intrinsic value regardless of what the government does with paper money is very, very foolish. Any properly balanced portfolio demands 10 to 20% be invested in gold or silver for the insurance factor of protecting a portion of your cash wealth.

 

And by the way, you don't pay for wealth insurance, you are not paying a premium to an insurance company.  You are simply converting some worthless paper dollars into time tested "storehouses" of wealth like Gold or Silver.  It is FREE Insurance! Imagine retaining all of the cash you paid insurance companies over the years in the form of Silver.  The average American's wealth has plummeted by an average of 40% since 2008. If you  followed a 10% silver accumulation plan since 2003 your net wealth loss would only have been 5 to 10%.

 

So the question is...How long should a wise man wait to protect his cash wealth? 

Hopefully you recognize the need. The fire is at your doorstep.

 

I highly recommend you start acquiring Silver to protect your family. If you have any questions send me an email at two@sosmarketing.info.  You may also visit a program I recommend to many people >  http://www.silversnowball.com/3390 

 

 

 Tom Opiela, Copyright(c)2/18/2011, 7-14-2012

Comments
avatar
Please sign in to add comment.
Advertise on APSense
This advertising space is available.
Post Your Ad Here
More Articles