At the time of this blog post, we're at about 17 trillion dollars in debt and growing fast.
And because of the printing of our fiat currency, the value of the U.S. dollar has dropped approximately 95%.
Are you saving dollars? "Cash is Trash," says investment expert, Robert Kiyosaki.
If you are saving U.S currency, you might want t reconsider your savings plan, and start to buy Silver, like we do. Remember, 10 years ago, Silver sold at around $4-5 per ounce. It's now hovering between $15-$20 an ounce, so it's dirt cheap and a great time to buy and hold for the long-term.
My wife and I buy Silver instead of Gold because it's super cheap and consumed (think: cell phones, etc.). We think you should look into it for yourself. And as the Fed continues to print fake money, the value of Silver, which is consumed v. horded like Gold, will continue to rise. Gold used to be $300 an ounce a few short years back. It's now hovering around $1200 or so per ounce at the time of this blog post. This should be a big clue that it's time to think about diversifying your asset classes.
Notice I'm not saying to diversify within the SAME asset class, like those that hand their money over to a financial consultant (which we are not) and have them buy mutual funds (one of the riskiest investments there is) and then diversify within those stock market funds. That's not smart, in our personal opinion.
Why? Because if the entire stock market were to crash (like it does from time to time), and we believe it will (if history repeats itself - and it does) before, during, or near 2016), all of your mutual funds will go "bye, bye."
We personally only invest in asset classes that we understand, can control, and/ or both. While we cannot control the prices of Gold or Silver, we feel confident enough in our understanding of our countries monetary system to have made the decision to invest in Silver.
We diversify within different asset classes like Silver, business, real estate, and others.