If the Federal Reserve continues to just print more money out of thin air, what does that do to the value of the dollar?
Apparently that continues to lower the amount of resources you can purchase with every dollar you have in your pocket. The more that is printed, the less clout it
has in the financial world.
It cannot go on forever, and eventually it is scheduled to repeat itself. Throughout history, when a government went off of the gold or silver standard, the ones who have survived financially were the ones who held onto the precious metals.
has in the financial world.
It cannot go on forever, and eventually it is scheduled to repeat itself. Throughout history, when a government went off of the gold or silver standard, the ones who have survived financially were the ones who held onto the precious metals.
I have about $5,395.00 saved up in my Financial Freedom Account which I have made a habit of adding to each day. The only purpose for the money in this account is to generate more money. I have been considering investing a portion of this in my Real Estate Investment Mentor, ultimately working together it should uncover a real estate deal that will more than pay for the cost.
Another thing I have been considering is to put it all into silver and gold, and just continue to build up those reserves until the market crashes. Although, I intend on growing the gold and silver reserves, I would like to do it with a separate account.
This money that is in my FFA right now can be used to do actual deals right now, not to mention all of the priceless education that comes about through more experiences.
I was studying a crash course on the patterns that economic bubbles tend to follow. It showed various market bubbles through history in line graphs, and laid them on top of each other. If the real estate bubble follows the same pattern, it appears that the real bottom of the real estate market should be somewhere around 2015.
Posts
