Oooo, Silver and Gold!

Have you ever wanted to buy silver or gold? My husband has. He has a friend who invests in a lot of things, and he got Hubs interested in silver and gold.

I have to admit that I never paid it much attention when he would talk about it. But I should have. It's actually quite interesting, not to mention profitable! So, why would you want to buy silver and gold? Well, did you know that since the beginning of 2002, US dollars held in 3-month US Treasury Bills have yielded less than 3% per year? Considering that the inflation rate over this same period of time has averaged more than 3% annually, the cash accumulated had less buying power in January 2007 than it did five years earlier. Now, over this same period of time, the gold price in US dollars increased by 130% - an average gain of 26% per year, and the silver price in US dollars increased by 183% - an average gain of 36% per year. Those are a couple of very good reasons, don't you think?

Still not convinced? How about this: assume you had placed $10,000 into 3-month U.S. Treasury Bills at the beginning of 2002. At the end of five years, the buying power of your money would have decreased by -$116.19, or -1.2%, when taking inflation into account. If instead you had used $5,000 to buy silver and gold ($2,500 each) and put the other $5,000 into 3-month U.S. Treasury Bills, your buying power would have increased by $5,977.28, a gain of 59.8%. That's a pretty darn good rate of return, right?

I am absolutely telling my husband about what I have learned at GoldMoney. They tell you everything you need to know -- how it works, how to get started, how to buy -- even how to use it as currency. That's some pretty valuable information -- in more ways than one!