Friday, July 21

Why the price of gas and food has not gone down?

I was taken aback when the sales man of a jewellery store in Madras, was talking to me about a web release he read yesterday. I could not suppress my surprise really because he looked not that much internet savvy.

He told me that he has been instrumental in boosting up the sales of his shop, by enticing customers to buy gold bars taking advantage of the recent slump in gold rates.

To each of the customers, he showed the web release of Monex and its salient points which argued for bullion investment.

*Most people think prices have gone up, but in reality: it is the value of the US dollar that has actually gone down.

*The price of gas, food, and almost everything else has NOT gotten more expensive. It only seems that way because the value of the green paper money is worth less and less and so it takes more and more of it to buy the same goods and services.

*Remember when gas was only 25-cents a gallon? You could take a dollar down to the gas station and buy four gallons for a buck! At that time our dollar was backed by REAL money, real silver. Guess what? That same amount of silver still buys four gallons of gas! That just shows that real money like gold and silver holds its value and it is the green paper money that is now worth a lot less.

*Investment experts have long-recommend portfolio diversification and that 10% to 20% (and sometimes more) of an investor's assets be devoted to tangible assets such as gold, silver and platinum bullion and bullion coins.

Monex, being one of the country's oldest, largest and most experienced firms specializing in precious metals for the individual investor, is uniquely qualified to serve your precious metals needs.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Hunab Ku-The Great Mayan God.

Being familiar with the Hindu mythology, I found Mayan mythology very much similar to it. I love reading about our ancestors irrespective o...