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Unfair Advantage It is because of Federal Reserve Bank leaders like former Chairman Greenspan and current Chairman Bernanke that I bought a gold mine in 1997. I knew they were destroying the dollar. Kim and I also bought as much gold as possible before the year 2000, when gold was below $300 and silver was less than $3 an ounce. For those considering saving precious metals rather than saving money, I would start with silver. In 2011, silver is a much better investment than gold. I say this because there is now more gold on planet earth than silver. Gold is also hoarded, which is why there is so much gold. Silver is used, much like oil, which is why there is much less silver than gold. It is possible, someday in the not-too-distant future, that silver will be more expensive than gold. But please do not take my word for it. Do your own research. For years, central banks were dumping gold and buying dollars. Today, they are dumping dollars and buying gold, increasing the price of gold, causing their currency to become worthless, and making life harder on the people of their country. Talk about the best-educated people doing stupid things. My point is that you can lose money buying gold. If you had purchased gold in 1980, you would still be losing money today, even with gold at $1,300. The price of gold will need to hit $2,400 for you to have made your $850 in 1980 dollars back. If you can lose money buying gold, you can lose money buying anything. This is why safe investments is an oxymoron. 4. Fair Share Nothing is fair when it comes to money. God is not fair. If God were fair, I would look like Johnny Depp. Nothing is fair in the stock market. Some people get more than their fair share for their shares. The average investor invests in the 127

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Unfair advantage ebook  

by Rich Dad, Robert Kiyosaki

Unfair advantage ebook  

by Rich Dad, Robert Kiyosaki

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