Welcome to My Financial Blog.

Copyright © by Joe Klohr

 Many people save money in bank account savings but don’t realize that it is not to their advantage to do so. Why, because the banks keep borrowing against this money and as they do this, it creates more money out in the economy that is really not there. You see what the banks are doing actually is loaning money at a ratio of 1:9. That is for every dollar they have in your savings they are loaning out nine dollars that is not there. Now by law, the banks are allowed to do this. So what the banks have done is partnered up with the governments to control the value of money.

 So the question is; how do you combat this devaluing of money through the bank systems? One way is by investing in precious metals. When you can buy certain types of precious metals and saving them, you are combating inflation. If you don’t understand this than let me explain. Precious metals do not really change in value but the money that buys those does.

This is why you see the cost of precious metals change in value because of the amount of the money available that is not backed by the precious metals. In a few words, money is being printed as needed to help boost dollars spent to make the economy look good. What this does is lower the value of the dollar. This is also the cause of inflation. More money in circulation compared to the precious metals that back them.

So if you want to combat inflation, you must create wealth by saving precious metals that is not made by governments. To find this kind of precious metals you will need to find a company that privately produces it in a known way that the world respects its value. For more information about a bullion company with this capability than you can view how this is possible to obtain.

One of the largest companies I know who is producing an opportunity for you to save and earn is called the Joseph Wealth System. They are backed by one of the most respectable bullion companies in the world today. It is not for everyone to have it in them selves to step up and take charge of the future. When you do step up you will find it to be very rewarding for you and for your future generations.

Posted by Joe Klohr

Achieving financial stability with private minted Gold Shekels.