As the headline of the Daily Mail shouted – “What’s the point of saving” – let’s take a closer look at what all the newspapers have been buzzing about lately and what can be done to create a fairer and healthier environment for savings. Keep in mind that I am not a qualified investment person, but I have experience making money on Forex Trading, and back in 2006 I saw a massive opportunity to use changes in gold bullion prices to make a lot of money.
If you look at the NS&I website, you’ll see that they advertise it as “Piece of Cake” and “Open Your Account for Just £ 1, Enjoy Easy Access to Your Savings,” but let’s look at some cool facts.
If you are a depositor who regularly saves, say, £ 100 a month in this scheme with an annual return of 1.5% for every £ 1,000 invested over 12 months, you will receive interest of £ 15. .
But if inflation eats up the cost of your money at around 2% a year, your £ 1,000 savings will actually lose around £ 20 of your solvency, so your “savings plan” actually lost £ 5.
Looking at this in more detail, we recently learned from The Telegraph that there are millions of savings in this scheme, so let’s assume there are at least 100,000 subscribers who also save £ 1,000 or more a year. I earn it around £ 100 million.
At the government level, this amount could be easily traded in the foreign exchange markets, and I understand that there are some such deals that can pay up to 100% every 90 days. (See above about my own Forex experience, which used just a few hundred pounds as money to bet on).
The problem with virtually any savings scheme based on any FIAT currency is that its value is not based on anything other than the promises of the government that issued it (e.g., the pound, the euro, etc.). , and thus is constantly depreciating due to constant inflation.
However, if you regularly exchanged part of your FIAT currency for gold bars, I believe this could paint a completely different picture. Take a look at some of the figures below that show what happened to gold bullion prices between 2000 and 2020.
Between the beginning and the end of 2006, gold rose in price from £ 9.78 per gram to £ 10.17 when I first started trading in the Forex market and made a FUCKING gold trade, as opposed to my disastrous investment. in real estate at the time, due to the fact that all BTL mortgages are becoming deregulated.
By the end of 2019, the price per gram of gold had reached £ 38.89.
At least with gold you can decide at what price you are selling it, if the price doesn’t suit you, don’t sell until it is. (Or sell only what you need to survive).
If instead of investing £ 100 a month in NI&S, you sign up for a FREE account in something like Karatbars and decide to exchange £ 100 of your inflation-ridden FIAT currency for 2.5 grams of gold bars at the end of the year. you will have about 30 grams of gold. Even if after 12 months the value was a little lower, you know that its historical trend will end up always being UP.
Now, if I dare to mention the words “Network Marketing” and you believe that all network marketing opportunities are a pyramid or a Ponzi scam, please don’t read any more. (If you’re still here) – I think you see the huge advantage of exchanging your “FIAT” currency for gold bars.
If you find that saving in gold bars turns out to be very beneficial to your wealth, and because it costs nothing to become a customer in this savings opportunity, then what’s wrong is to report it to your friends, family and business partners? After all, you do not “sell” them, but just share your luck.
As long as you yourself are involved in this savings scheme (invest your money in your mouth), why not help everyone you know do the same? And then why not use a little more of your FIAT currency to go from just a “customer” to an “independent affiliate” of one of the various companies offering this service,
As an independent affiliate company of Karatbars, if you engage your friends and family with this network marketing opportunity – if you don’t sell anything – just force your contact to do what you do, and exchange as much fiat currency as you can afford gold bullion – this is a win for all concerned.
Also, when making your choice, make sure the company you are applying to also has its own cryptocurrency backed by gold. Like many other people, when bitcoin was launched in 2009, even if it sold for a few dollars each, I burned my fingers investing in the property back in 2007 with suspicion and moved away from what was probably the biggest opportunity of my life .
These new-fangled coins last year sold for about $ 20,000 EACH, and they weren’t even gold. So, think about the possibility of launching a new, unique gold-plated crypto coin.