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How the money being created

Discussion in 'Property Finance' started by TaylorChang, 31st Oct, 2015.

  1. TaylorChang

    TaylorChang Well-Known Member

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    I thought this might be interesting to you.

     
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  2. Terry_w

    Terry_w Solicitor, Finance Broker, CTA Business Member

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    Nice video - very slick.
     
  3. Xenia

    Xenia Adelaide Property Manager Business Member

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    I've seen that before, I follow all of mike Malonies work.

    Yes - up to all of us individuals to create wealth and never ever put ourselves in a position where we become dependent on a failing system.

    Wealth creation, financial independence, awareness of financial environments are not a luxury, this is survival.
     
  4. Arnoldus

    Arnoldus Active Member

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    Briefly looked at this a while back, it's a nicely produced video. After trashing currency, he points you in the direction of a business he's involved in which basically offers to sell you silver and gold, in exchange for said currency. It seems to be an unexpectedly great business model which is working out well for him.

    Is anyone in the forum into trading precious metals? I've seen a lot of ads for it floating around but never seriously looked into it.
     
  5. DanW

    DanW Well-Known Member

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    That would be @Bullion Baron
     
  6. Biz

    Biz Well-Known Member

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    Murca! Hell yeah!
     
  7. TaylorChang

    TaylorChang Well-Known Member

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    Looking at the currency/money point of view. It is nice education view.

    I thought something similar previously, but not as good as how he put this video together, easy to understand and follow.

    Silver and Gold certainly are a form of investment class making sense; however, I think it also apply to property/land as well.

    I am really keen on listen/learn how people invest in silver/gold and really gain from it. Because as far as I concern the cashflow and liquidity are not as good as property, plus bank can't provide lending against gold/silver.
     
  8. Xenia

    Xenia Adelaide Property Manager Business Member

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    Money in gold and silver or property is better than money in bank accounts

    Property and precious metals are all exchanged for dollars - for now.

    It's the long term buying power of the $$ that people are gaurding against. Not the immediate exchange

    Property is best but it's easier for people starting out to put their spare $500 into silver as a long term wealth preservation plan than to put $500 into property because it takes more than small amounts of cash to purchase property.

    No one should do anything they are uncomfortable with.
     
  9. DanW

    DanW Well-Known Member

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    It's more about having something left over when all hell breaks lose like war, government coup, business failure, deflation, plague, zombie apocalypse etc. Even currency devaluation.

    Property could become worthless, or worthless in gobal currency terms if you hold only in 1 country.

    But if you have 5 or 10% previous metals you have something to help you start over once the crisis has ended.

    It's like money under the mattress or buried in the backyard.

    And now is where I reference the @Bullion Baron cool educational website http://www.guidegoldsilver.com

    Almost had me buying a piece of gold to hide under the bed that I could pull out and polish occasionally. I do think it's a good idea - once you've "made it" to protect what you have. But at the moment I prefer to stay fully invested and use anything extra to just reduce interest expenses.
     
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  10. Sashatheman

    Sashatheman Well-Known Member

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    Added to my watch list.