Gold Expense Versus Alchemy Turning Dross In-to Silver!
This record usually leads to an extremely perplexed look on my questioners face.
And therefore it was with Walter. Walter is a financially struggling bank staff and found me to learn about wealth creation. (Yes I guarantee you, there...
Im frequently asked if Gold is just a good investment and I often answer that silver may be a good long haul investment for a trader but I'm a wealth creator and the very word investment is just perhaps not a part of my wealth development vocabulary.
This statement often leads to a very perplexed look on my questioners face.
And so it was with Walter. Walter found me to understand about wealth creation and is a financially struggling bank staff. (Yes I assure you, there are tens of thousands of economically fighting bank employees out there.)
Charles, so you are saying that when you had an extra $25,000.00 you'd not consider exchanging it for gold bullion?
My dear chap, why would a wealth creator exchange one asset (money) valued at $25,000.00 for another asset (gold) also valued at $25,000.00? Somewhat unnecessary exercise dont you think?
But gold may rise in value and your cash may devalue isnt gold a hedge against such situations?
However similarly, gold could go down in price and the currency improve certainly what you are contemplating is a form of gambling, is it maybe not?
O-n that logic all investment is just a kind of gambling, as prices of any share or asset can go down as well as up. That is why one must weigh the risks.
Just therefore and that is why I am a wealth creator and not an investor or speculator. Traders and investors hope and pray for some future event to happen, while a wealth creator insists on growing types wealth in the point of purchase.
But Charles you cant buy gold-bullion at wholesale rates as you well know the spot price is set daily.
Who said anything about paying wholesale price because of it I'd prefer to be an alchemist and turn dross into gold. In case people require to discover more about an ounce of gold worth the market price right now investigation, we recommend lots of online libraries you should think about pursuing.
Walters young moon face went red with frustration. Oh come Charles, please be severe with me and end toying. I truly want to on the bank tellers pay alone and be rich one day, I cant see that happening.