The economy seems to be heading in a downward spiral to nowhere. Governments are borrowing ridiculous amounts of money from banksters to "Get out of debt" and the value of our cash is plummeting. Almost every sector is feeling the pinch and a few countries have gone tits-up in Europe following our most recent financial crash which has people wondering whether the whole thing was engineered by the banksters themselves to grab real wealth (land, property, homes, gold and silver etc.) in exchange for their almost worthless cash.
Conspiracies aside, there is something that you can do to protect
your cash nest egg or savings and that is to invest in precious metals such as
Gold, Silver, Bronze, Platinum and the new rising star, Copper which I recently
blogged about regarding pre 1992 2p and 1p coins. Recent price rises due to
scarcity have seen metal collectors reap huge rewards as the value of their metals double and sometimes triple over the past two decades. So in spite of a fluctuating financial market, precious metals have consistently held or increased their value while other commodities have been subject to major bouts of turbulence.
Investing in bullion may seem a million miles away for the average person with limited funds but there are ways to invest without hurting your pocket too much. There are many Bullion dealers on line from whom you can buy most precious metals in very small amounts ranging from 1/10th of a gram to 1 Troy OZ and more. You'll need to find a reputable dealer, so its best to do some careful research before you take the plunge. When you do however, you can be fairly certain that your savings won't go down the pan even if the banks do
IN MY NEXT POST: .How to get started investing in Bullion when you have no spare money.
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