Have you heard the talk about the decline of the American dollar?
I’m sure you have. It’s all over the news, in magazines, and on talk radio.
You should have a healthy fear of the falling dollar. That’s natural. It’s very normal. It comes with the territory of having an economy. Economies rise and fall, wax and wane.
Your fear is justified because your entire livelihood is wrapped up in the rise and fall of the dollar. This means your children’s future is at risk in the event of economic downfall.
To avoid financial calamity, you should use your fear as fuel.
Use this fuel to find methods of safe guarding your family from financial ruin. One method I’ve taken is to research investments in gold and oil stocks.
Why should you invest in gold mines?
Gold is a safe haven, recession proof commodity that has never dropped to 0
Gold offers diversity in a bad economy
Gold prices have tripled since 2001
Gold is expected to reach record highs on account of the falling doll.
A recent article in the New York Times titled, “Gold Mania In the Yukon,” discussed the growing popularity of gold mining and investments in the Yukon.
Gold mining hasn’t been this popular since James W. Marshall discovered gold at Sutter’s Mill in Colima, CA in 1848, which sparked the California Gold Rush.
This new gold rush comes at a great time as the dollar has lost nearly 29% of its value in the past 7 years.
Did you know that people are not only investing in the actual gold and oil commodities but also in the oil fields and gold mines?
I contacted a friend that works at a brokerage firm and he discussed with me how it was possible to make a small fortune from investing in mining stock.
You may think mining stock is too expensive. This thought couldn’t be further from