Have you gone into the store lately, and noticed as you’re swiping your card that the same $100 bill you used to fill up your grocery bag with, no longer fills it up anymore? Sigh… inflation. The price of things has indeed gone up, but it hasn’t fully registered for most, because the media, powered […]
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8 Financial Tips You Can Learn From The Economic Crisis in Venezuela
When it comes to financial advice, we can learn a lot from Venezuela’s example. The South American country was once one of the richest in the world, thanks to its oil reserves. But now, it’s in the midst of an economic crisis that has seen inflation reach unprecedented levels. This isn’t unique to Venezuela – […]
What We Learned From France’s Three Economic Crises
Human beings are really stubborn creatures. You’d think we’d learn from past mistakes, and realize that paper currency has led to the collapse of almost EVERY economy that’s tried to use a fiat currency to trade goods and services. Let’s use France as an example. France is probably the only country that’s faced economic collapse […]
Money vs. Currency: Understanding the Difference
At first glance, the words “money” and “currency” appear to be synonyms, but actually, they’re not. Worse, they are sometimes used interchangeably in several scenarios. In this article, we’ll discuss money vs. currency, how they differ, and their history. Money vs. Currency To understand the difference between “money” and “currency,” let’s break it down in […]
8 Countries With Failed Currencies and Why It Happened
No country is immune to failed currencies, and history has repeatedly shown us this. But as humans, we sometimes fail to see the warning signs in our own backyard and take comfort in this false idea that these issues only affect other countries. Are you prepared for the possibility of a failed currency? Well, here’s […]
Bullion vs. Proof Metals: There Is No Debate #2
Bring up the question of bullion vs proof metals on any precious metals forum and you’re sure to get an earful on either side of the discussion. The truth of the matter is that this debate was settled long ago… If the goal is preservation or growth, the smart money buys bullion every time. And […]
Storage for Your Gold or Silver IRA
The Best Way to Store Your Gold, Silver and Other Precious Metals First, you CAN hold physical gold and silver in your IRA. But the physical metal will need to be stored. There are three ways people store their IRA’s gold and silver: Keep it at home in a safe Put it in a local […]
7 Ways Inflation Can Destroy Your Retirement Dreams
Inflation is the general rise in the prices of goods and services. As prices go up, the purchasing power of your money goes down. For example, if the annual inflation rate is 4%, that means prices will, on average, increase by 4% in a year. If inflation is 0%, prices will remain the same on […]
Investing in American Silver Eagle Coins with West Hills Capital
Growth, preservation, and now income—all wrapped up into one. Our Silver Deposit Account℠ is getting interest from investors across the country. Put simply, our customers’ silver coin investments produce monthly income. And we only put their money to work in American Silver Eagles. There is a very large market in the daily trade of American […]
Our Silver Deposit Account℠ is more liquid than CDs
What’s the ONE restriction you hate about Jumbo CDs? Yes, if you cash in the CD early, you forfeit your interest. Who likes that degree of control? Seriously, you may have your money locked up for years. Problem is, life can be unpredictable. Yesterday you were fine with your CD. Today, your spouse wants to […]