![]() Holidays are finally here. So is the geek ritual of tracking Santa by none other than NORAD !
Merry Christmas Every One. Happy New Year to you all! |
Inflation is a tricky thing. You pay more for the same thing, but relatively speaking, things themselves do no get comparitively expensive. i.e. the gold to silver price ratio might not change a whole lot . Also the ratio of the price of silver to gas for instance. That just shows that real money like gold and silver holds its value and it is the green paper money that is now worth a lot less.
In reality: it is the value of the US dollar that has actually gone down. It will cost you a lot more to drive around your new car in the summer but in principle the comparative cost will be the same.
You can tackle the inflation by portfolio diversification and putting 10% to 20% (and sometimes more) of your assets be devoted to tangible assets such as gold, silver and platinum bullion and bullion coins. There is a company called Monex that has the experience, expertise and resources to serve most any precious metals investor’s needs. Being on of the oldest and one of the most trusted firms, they will definitely serve your investment objectives.
Anything else you can think of other than precious metals? How about international stocks?
Technorati Tags: Gold
1. Some of the most important important conversations I have now a days are on the Instant Messenger (Yahoo / MSN)
2. Life goes on, usually at its own pace. Doesnt matter even if your car has a V6 engine.
3. I have been completely a-social. I have no excuses. My new year resolution is going to be to start keeping in touch.
4. Working with MS Word is *not* a lowly job. Coding is easy and logical but making your *buggy* code appear next to God is an art. Accept it and shut the f*%& up.
