What’s the truth about owning gold and silver?
If you are in the gold and silver business, anything you publish suggesting “gold is good” will be considered questionable. Cynical new clients often believe that you’re not objective. They believe that you’re probably the stereo-typical salesman, who like a teenage boy in heat, may say absolutely anything while attempting to commit “the dirty deed”.
Whenever I read what other coin dealers put together I often think it’s self serving dribble. I’m in the gold and silver business because of the way I think, not vice versa. Put another way, I have toughed it out for almost three decades through some mighty lean times. (1988-1992 goes to the top of the list) I believe that gold and silver coins and and a good gun or three and being a good shot, are essential for the hazardous times ahead. We live in country that would absolutely shock our fathers or grandfathers who fought in WWII. Everone is told that anything you want to do is A-okay, as long as it does NOT involve living the traditional “American Dream”. Don’t feel like getting up 5 days a week and going to work to support yourself? There’s a subsidy program for that.
Would you rather drink beer than go to work? You’re obviously in need of Social Security disability until you can “cure” your “disease”. Are you a Nazi sympathizing nut job and want to force a Jewish printer to print swastica laden nazi posters? The government will go after that discriminating Jew for you.
We live in a world where the president of the United States (POTUS) that takes advice from the race-baiting huckster “The Reverend Al Sharpton”.
Is this because he can deliver millions of “uninformed voters” votes to the liberal candidates of his choice. One or two texts to the followers of Reverand Al on election day via the free Obama cell phones “the poor folks” all may have can swing an election. Typical tactics may include falsely implying the white candidate simply don’t like “black folk”. If there’s a black guy within a hundred miles of a controversy, Sharpton typically can find racism. It’s his livelihood. It’s also B.S.
The leadership methodology of POTUS is to ignore problems and blame negative developments on “the other party who doesn’t want to be fair to people…”.
Some examples of “the message” we get from the Obama administration:
1.) We are counseled never to judge Muslims by the behavior of thousands of Christian and Jew killing lunatics, although we have been encouraged to evaluate all the firearm owners by the practices of a couple of mentally ill idiots.
2.) On a regular basis we hear all about how Social Security is going broke.
Why it is that we do not ever hear about how social welfare programs or the food stamp program is blowing through money and may go broke? Remarkably the first group “worked for” their money, but the second typically had no duty or obligation to do anything involving work to pre-qualify.
3.) Why are we cutting benefits for our veterans and cutting our army to a troop level lower than before WWII? Are we irresponsible and stupid?
Why do we offer payments to illegal aliens such as monthly payments for housing, food stamps and often free education? Why does The B.O. Administration fight voter I.D. laws? Does this issue go back to the long-corrupt Chicago political machine that put Obama in office? Acouple of mottos’ out of Chicago on election day has long been: “Vote early and vote often” or “Have a relative that passed away? Make their vote count… twice!”.
Screwball, liberal policies will bankrupt a country or a city or state for that matter. Look no further than Detroit. Just two generations ago it was the capitalist mecca of the United States. It was the center of the American Dream. Today, the liberal policies that enable people to not work has destroyed the city. The city of Detroit is giving away houses for a dollar and there are no takers. Few who are sane and have a good job would want to live there. It’s a welfare fueled hellhole.
The destruction of the dollar through runaway inflation does not mean the end of The United States. It does means that if you hold paper and intangible assets, you can be wiped out.
The most liquid, divisible, transportable and significant assets you can own in an inflationary environment are silver and gold (and to a certain extent firearms). You can do things with these assets that you can not accomplish with other assets (Like make arrangements to keep your family fed and safe.) The simple fact of the matter is once gold and silver coins are in your possession for a few years they become a forgotten, hidden asset to the world, that is unless you have a big mouth, neighbors, family and friends will not know you have them. This asset does not show up in county records or recent bank records. I have a client who has left a letter with his attorney, sealed until he dies, telling his kids to NOT sell the house until they dig up the brick BBQ in the backyard. It’s literally a million dollar BBQ grill.
The demand for gold and silver increases during the course of inflationary times. Which means that, that they counterbalance the ravages of a diminishing currency. Chances are you already know you need more financial safety in your life. The question is just how much more do you need and how do you maximize your paper dollars into metals? Call us and see if we have some no-B.S. ideas on the subject.