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There's some crazy commentary out there in cyber land debating whether or not the Western World is heading towards a 1920's financial meltdown - and I'm just not buying it.
What intrigues me however is the degree of concern being expressed by some pretty savvy people, who study this sort of stuff.
Look I don't know if the US$ which has a mere l0% of its buying value from 100 years ago will continue to devalue - I also don't know if Gold will double or triple in value over the next decade - so excuse me if I don't buy in to the hysteria BUT... what I do know is that regardless of what scenario plays out - there is an absolute necessity for people to have some sort of secure savings plan -nest egg that can insure against whatever economic fluctuations to occur.
For me I'd like to have a few eggs in my investment/savings fund and not just cash. Property is usually pretty safe except who's got hundreds of thousands of dollars spare to play that game? Money under the bed? I don't think so - Look how much less your $100 Bill gets you today compared to 5 - 10 years ago.
Gold Savings? Maybe, but at $1300 an ounce that's a big ask - and what about the daily fluctuations in price - how do you pick the right time? I for sure don't know
What I like about KB - Gold has very little to do with all the stories of economic gloom and doom. I like the idea that my banking institution is not reaping the billions of dollars profit off of hard working citizens. I like that I can open a savings account that is backed by actual gold AND that I can cash it in at any time at spot gold prices. Oh and did I mention that I can set up a plan whereby I can purchase it in Kinebars. Kinebars? - yep that's unusual - that's like a really small unit of gold!!
The real deal though is that unlike any other investment savings plan I can refer and promote the opportunity and earn a solid income without one cent coming out of the pockets of the purchasers. It's essentially a genuine wholesale program cutting out the middleman.
However all that is of no consequence UNLESS you know how to operate the business smoothly and effectively. That is why I'm involved. Personally I have no great love of MLM - sorry if that offends you. Franchises leave me a bit cold too - big risk and a lot of money out layed to the parent company
However you define this business plan or whatever label you give it - the way I see it is that you tune into a duplicateable no cost entry program operated by some of the smartest internet marketers online and just plagiarize! Ok maybe that's stretching it a tad - but you get my drift just copy what works.
To join KB-GOLD1 - that's me by the way! Just click on the Gold Bullion at the top and the rest will unfold - again forget the hype it's just an opportunity for goodness sake for us all to build a secure savings base and earn a great income along the way
Click through on the social icons if you'd like to connect
Your financial security is largely at the mercy of financial institutions
Very few of us will ever earn enough money that will allow us to SAVE our way into a comfortable retirement.
Pensions are at huge risk in many Western Economies, as life expectancy moves towards 90 years of age and retirement funding costs soar.
Atypical $180k home mortgage over 25 years (the average mortgage in Australia is nearly twice that) will pay the bank an estimated $400k including interest
This means you would have to earn over $500k before tax just to pay off a $180k home loan
Message? It’s good to be the bank BUT when economies over extend themselves and borrowings exceed the capacity to be repaid, then these same financial institutions can collapse requiring governments to bail them out and lifetime investor savings are put at risk.
How do we respond? DIVERSIFICATION!
Ideally a balanced portfolio of shares, property, cash, commodities such as Gold and Silver and for good measure a cash flow business that’s immune to major economic downturn
Phew! Is that all? Who’d have thought it would be that simple-of course I’m being facetious, How many hard working mere mortals have the capacity to own all or indeed any of the above?
So what do we do? Well, make a start…make a few decisions that involve taking hold of the reins of your life and start taking ACTION!
Click below to enter my members site and start on the journey towards financial security and insure yourself against the ebb and flows of the crazy times in which we live.
Did I mention that there’s no cost to take this next step, - actually there is an investment required and it’s an investment in TIME, taking the time to plan for the future and deciding who you want to work with in order to start making it happen for you
Iceland, Greece and Ireland are on the canvass hoping to survive the count. Spain, Italy and a raft of other countries are looking at their currencies with increasing worry as a continent considers a worst case scenario of bankruptcy.
At its extreme, what would this look like? Just check out the basket case that Zimbabwe has devolved into for a hint of what real pain looks like.
Of course worst case scenarios rarely occur. Intervention and a dose of extreme crisis management will usually stem the worst of the blood letting. It does cause pause for thought however, much like the wake up call of a mini earth tremor that precedes a full on earthquake. California has lived with this potential catastrophe for an eon. The default survival mechanism is to just hope 'well as long as it's not in my lifetime"
There is little doubt that there are going to be some serious shifts in the economic balance of power. This will by extension lead to winners and losers. if you tune into the buzz on social networks or read between the lines of the business bylines in the popular media you will see that many are already starting to take actions to insure and perhaps profit from this potential doomsday scenario.
