Monday, 6 April 2015

Finance The planets new secret religion

Today is Bank Holiday Monday. That got me thinking.
Isn't holiday derived from holy day?
Why then are we talking about it being a bank holiday?
I then made a connection between holy and sacred. Its almost like the banks have become the sacred places and powers in our lives.
Finance is like a mystical art form that holds huge power over our lives. Just like the diviners of old.
If Finance says it can't be done then that's it.

Have we sleep walked into giving bankers total control of our lives without realising? At one point the bankers of Wall Street were called masters of the universe.
Was this dine in jest or do financiers really believe that they are lords over normal men.

The great news is their is a way in which by working together we could take greater control of our wealth and its value. We have to buy and hold silver.

For over 200 years the financial elite have waged war on silver. They know that the disciplined accumulation of silver has taken the common man out of poverty for millennia. The ultimate goal of the elite seems to be to have a work force whom they could generate massive profits from while working them to the bone and paying them peanuts.

As all of society worship at the alter of finance the middle class and working class are being driven into poverty by low wages and low returns on savings through interest rates.

My hope and prayer is that we move from finance to value.

Visit www.47bullion.com

Saturday, 4 April 2015

Graded or Bullion

The person who would like to purchase precious metals has a few decisions to make. The first would be why buy. There are basically 2 reasons why one would buy precious metals.

As jewellery.
As a store of value.

With most jewellery you do not get the highest purity of a metal instead you would get an alloy of some sort.
I would not waste time talking about precious metals as jewellery. Although having said that precious metals as jewellery is one of the best ways to keep prices low.

Let's focus on the purchasing of precious metals as a store of value. If this is your reason for buying precious metals then again you have two simple choices.

Buy Bullion
Buy Graded

Buying bullion means buying in mass as opposed to value. This is how a jeweller would get access to the raw material for their jewellery. Bullion can come in bars or rounds or coins. The greatest value would be in a bar form. This is because a bar would be less processed than a round or a coin. The only value in the bullion would be the value of the precious metal itself. Most bars are purified to .999 purity. This is higher or equal to the usual jeweller rating of 24 karats.

Buying graded usually means that you will be dealing with coins. I have seen some graded bars as well. Grading means to use a scale to give the coin a rating based on a number of qualities. The scale most commonly used is known as the Sheldon scale. The scale goes up to 70 as its highest meaning a perfect coin. Based on the rarity and perfection of the coin its value would go up.

So if you were a collector of rear items having them graded could give you greater satisfaction. This process can also possibly play a part in increasing the resale value of a collection if it were graded.

To purchase bullion and graded pieces of precious metals visit www.47bullion.com

Friday, 3 April 2015

Take cover. Shit is about to hit the fan

Seriously.
You should consider taking cover from the financial shit storm that is brewing from the eventual collapse of the fiat US dollar.

Its a worse case scenario that nor many people want to think about. However  its becoming ever more likely as lawmakers pander to the whims of multi national Banks.

Since 1971 the fiat currency paradigm in which we conduct business has led to a systematic confiscation of wealth from the middle classes. This wealth is being transferred to those who were already wealthy through the creating of debt.

The debt is owed by the tax payer as the government creates money out of thin air. The middle class suffers austerity cuts to service while the wealthy enjoy newly created money at 0% . This money is used to buy government bonds which pay interest above 0%.

This free lunch has to come to an end. As more people wake up to the fact that they have lost control of their government to massive corporations.

So get your brolly out. These big companies aren't going down without a fight. They own the government and essentially own you.

However there is a thin sliver of hope. This silver lining in the dark cloud of our financial future is silver itself.

The gold of the common man can be used as a hedge against fiat debasement.

Buy Silver
Visit www.47bullion.com