Achieving That Second Primary Investor Goal

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How can you fight rising prices and secure your saving/investments? How can you keep your head above water when the rising cost of goods around you out pacing your savings?

That’s an easy question to answer. Take you savings out of national currency and put it into precious metals. Gold have been a fantastic store of value for thousands of years.

“Gold and silver are the most stable currency the world has ever seen. From the beginning of Islam until today, the value of the Islamic bimetallic currency has remained surprisingly stable in relation to basic consumable goods: A chicken at the time of the Prophet, salla’llahu alaihi wa sallam, cost one dirham; today, 1,400 years later, a chicken costs approximately one dirham. In 1,400 years inflation is zero. Could we say the same about the dollar or any other national currency in the last 25 years?” *e-dinar.com

Precious metals are a good place to start hedging your savings against upward moves in the cost of goods. By taking your funds out of national currency and owning precious metals you are protecting your value from any upward moves in the cost of goods. This is also known as inflation.

While savings rates have stayed pretty much the same and the cost of goods is heading higher, that $300 you have in national currency which accumulates and ends the month at $301 won’t buy you as much since everything around you now costs more. With gas and food costing more at the end of the month, that $301 won’t go as far as it used to in the supermarket. This brings us back to my primary gold number one, preserve your capital.

Exchanging your national currency, yes swapping those dollars in the bank for the actual gold or silver, can protect your capital and help you to achieve both of your primary goals. Just look at how gold moved in October. Oil was up, food was way up and even airline tickets went up in price, but your savings rate stayed the same. You started the month with $300 and ended with $301 you did good but the cost of everything outpaced your savings and you will actually lose money with that savings plan. Inflation, outpaced your savings rate.

Great online Digital Gold Currency companies can help your savings achieve both of my top priorities. Move your savings from national currency to gold with GoldMoney.com, BullionVault.com, Pecunix, c-gold, Webmoney Gold and e-bullion.

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