The famous actor, Kermit the Frog, sang a song called, “It’s Not Easy Being Green”. That could be the most popular song among all the American dollars in the world today. It’s not a very good life for the greenback. It’s value continues to plummet more and more every day. Some very prominent people are crying the inevitable doom for the dollar.
Ever since Richard Nixon took us off the gold standard back in 1971, the dollar has faltered. That green paper you carry around is just that. Paper! But whenever the dollar falls the price of silver and gold go up.
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The best way to hedge against inflation and the falling dollar is to invest in commodities. Gold, silver, copper, and real estate. Real estate is a tremendous investment right now, if you can get a bank to loan you the money. But how about gold and silver?
Gold is about $1200 an ounce, and silver is going for about $18.00 an ounce. According to Robert Kiyosaki, silver is the better buy right now than gold. He says you should be buying it up. Why?
1. There is less silver in the world then there is gold. 2. Silver is used more in manufacturing such as electronics. 3. For every once of gold, I can buy 60 ounces of silver.
Now what if you could trim a hundred dollars off your budget every month? Cut out your Starbucks everyday. Start a carpool from your office. Get rid of a couple of those movie channels you never watch. Take those one hundred Abraham Lincolns and put it into some silver every month. Just think where you could be by the end of the year.
If new years resolutions are your thing, I think this one might be worth looking into. Investing into your families financial future is worth more then that 2.5% you get from the bank.
Could silver hit $100 an ounce?….Some are saying yes. What would be the color of your money then?
For more information on how to protect yourself from inflation and the falling dollar go to Gold and Silver Get a totally unique version of this article from our article submission service

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