Twitter   RSS   Email  

 How the Global Economy is Dependent on Christianity

 Why America May Never Recover From the Recession

 Save Money Homeschooling

Time To Load Up On Gold

By: Steve Johnson

9/24/2008 - 28 Comments

The stock market is beginning to show major stress and the dollar is not looking much better.

The question that everyone is asking is, “where is the safe place to put your money?”  Gold is the answer.  There is a herd of investors that are about to load billions of dollars into Gold is an effort to preserve their wealth.  Gold it’s an asset like a business or a building or a bank.  Gold it’s something that returns a dividend and it doesn’t produce a profitable product.  Gold is money, real money that the central banks of the world cannot easily increase or decrease in volume or value.

If you have not noticed yet, Gold is up over $100 last week and will probably continue to rise for years to come.  The massive amount of money that will need to be printed in the next few years to cover the financial crisis will continue to push the price of Gold up.  I’m sure it won’t go up in a straight line, but it has little choice in the matter.  The supply/demand will relentlessly push up its price. 

If you don’t believe me, just watch and see.  I just wish I had a million dollars to invest in Gold before it hits a really big day.  Doubling $5 dollars is not as exciting as doubling a million dollars.  Gold could get to $5000 / ounce over the next few years.

Here is an article I wrote a few months back about Gold, Gold May Rise to $5000 per Ounce.

I am not a licensed investor or a professional financial planner, so please talk to a legal professional before making any financial decisions. 

Copyright © 2021 All rights reserved.

The Coming Economic Earth Quake

Larry Burkett explains how the financial troubles in America started back in the 1930s. Larry explains the economics of huge goverment and public deficits and how it leads to hyper-inflation. We may be headed for another great depression.

Gold: The Once and Future Money

Governments and central bankers around the world today unanimously agree on the desirability of stable money, ever more so after some monetary disaster has reduced yet another economy to smoking ruins. Lewis shows how gold provides the stability needed to foster greater prosperity and productivity throughout the world. He offers an insightful look at money in all its forms, from the seventh century B.C. to the present day, explaining in straightforward layman’s terms the effects of inflation, deflation, and floating currencies along with their effect on prices, wages, taxes, and debt.

The Hyperinflation Survival Guide: Strategies for American Businesses

The Hyperinflation Survival Guide offers strategies for business managers to keep their enterprise afloat in the midst of runaway inflation. Within this succinct little book are a plethora of sensible business strategies for American businesses. If businesses are to survive they must effectively counter and minimize the ill effects of rampant inflation and/or hyperinflation. The utmost prudence is required in managing accounts receivable, inventory, and production at such a time. A sudden inflationary economic downturn may very well bring a business to its knees leading to insolvency.

Your Money or Your Life

There's a big difference between "making a living" and making a life. Do you spend more than you earn? Does making a living feel more like making a dying? Do you dislike your job but can't afford to leave it? Is money fragmenting your time, your relationships with family and friends? If so, Your Money or Your Life is for you. From this inspiring book, learn how to, get out of debt and develop savings, reorder material priorities and live well for less, resolve inner conflicts between values and lifestyles, convert problems into opportunities to learn new skill, attain a wholeness of livelihood and lifestyle, and much more.