I am going to assume that, since some people have requested that the following topics be covered, that many other people have the same interests and concerns, but just have not emailed me about them.
Precious Metals--Silver and Gold
I am very concerned about the future of paper currencies whose value is based on nothing more than faith. Faith in governments is fading rapidly. Precious metals have intrinsic value which does not depend on faith in government or in a healthy economy. Typically, the sicker the economy the more they increase in value.
I encourage everyone to invest in precious metals to the extent that they are able. There are a few rules to follow, however:
1. Source--I have been hearing some horror stories of people losing their money to unscrupulous and dishonest providers. It is very important to use a source which is recommended and which people you know have used.
2. Cost--make sure to compare costs. Not all sources charge the same amount and typically wholesale brokers charge less than retail sources. The source I use has a 100 oz. minimum for silver bullion coins, but it is worth buying that way.
3. Internet sources--many people are starting to use MLM programs which sell silver coins. These programs are good for network marketers since it allows them to get lots of "free" coins. It is free for them but it costs their downline and unless you are a good network marketer (which most of my readers will not be since this is a PASSIVE income blog) this is not for you. You will just end up paying about 50% over market for the coins in most cases. I am not using these although I could do quite well simply because I could not recommend them to a newbie in good conscience.
4. Storage--precious metals will need to be stored somewhere. I lack the trust to leave my metals in a storage facility or with a broker. Should there be a meltdown it might become almost impossible to get your metals, and just consider what would happen if they went bankrupt. It is a bit more trouble but worth maintaining physical possession of your valuables.
5. Bullion coins or ingots (bars and rounds)--without any doubt it is less expensive to purchase ingots than bullion coins. You do need to think about this. Ingots need to be weighed and assayed when you decide to sell them, there is no way around this unless you are selling them to a friend. This is complicated, relatively difficult since most people will have to send them away to have this done, and expensive. In addition, they are larger and not useful if you need to trade a small amount only. In the case in which the worst were to occur and you were needing to trade your metals for the necessities of life, then smaller units are more useful than very large units of value.
6. Gold versus Silver--Gold is easier to store but has several disadvantages. Gold always comes in larger value units than silver due to its inherantly greater value. Gold and silver will increase in value but relatively silver will increase by a greater % than will gold. Lastly, silver has more uses, particularly industrial ones than gold, so that the need for silver will always be higher than the need for gold.
Should you be interested in investing with a reliable and lowest cost wholesale source of silver and gold, you can email me using the form at the top of the blog. My source does have a website which lists their current prices, but there is no way to purchase from them online, it must be done over the telephone. And I do have a very good salesman there that I do trust. The big problem with them is that they only ship to Canada and the US.
Traffic Exchanges
I have been surprised to have been asked about traffic exchanges, since I assumed that my readers would not be interested in doing any promoting. It seems that some of my readers are interested in doing some surfing/traffic exchange promoting.
I am not interested in which traffic exchange has the most members, or how many sites are shown daily or how old they are. I am only interested in how many clicks my sites get and how many viewers are interested in what I am showing.
I have used many different traffic exchanges, but 3 are much more effective than any of the others: Traffic Pods, Ts25 and Traffic Swarm.
http://www.trafficpods.com/index.jsp?ref=moonchild29
http://www.ts25.com/index.jsp?ref=moonchild
http://www.trafficswarm.com/go.cgi?657494
Since most of you are not interested in promoting, I am only including the top 3. Should anyone wish to know what some of the other, less productive, traffic exchanges I use are, then please contact me.
Gold Nugget Invest
I will admit to really liking this program. I produces a very consistent and reliable profit. It is also one of the few programs which works equally well as a long term and a short term investment.
One problem is that I have heard from 3 of my readers that they tried to join using my link but still ended up with the wrong sponsor. I have been in contact with admin (Robert Spearman) and he tells me that he will transfer them to the sponsor they intended to join under if they will contact him and request it. In order to avoid this occurring, he tells me that you can either clear cookies before going to the site to sign up or just use a different browser (if you have 2 or more on your computer, and I would recommend having at least 2 for other very practical reasons) to sign up. My username is Moonchild as it always is.
Special Investment Opportunity
I will not specifically mention this investment opportunity since it comes from a private investment club, although it is open to everyone. I am not aware of any prohibition on mentioning it, but I just will not do it.
Anyway, it is a one time investment which will probably only be open through Tuesday 3 March, when their $ goal is reached they will close to further members. It is planned to last at least 6 weeks but up to 6 months. The potential for profit is incredible so that I will not mention it here--you would not believe me anyway. The risk is as low as the program can make it, which is really quite low. Minimum investment is $100 and no maximum.
Before you ask, since I know that quite a few will, I am invested in this program.
If you are interested in investigating this, please use the contact form at the top and email me.
Saturday, February 28, 2009
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