So, today January 1st 2013 the spot price for gold is over $1600 bucks and the price silver is a little over $29 bucks per troy ounce. Before becoming involved in this industry that never meant a hill of beans to me. Now pay attention,....this post won't be long but it's going to be power packed with wealth building information.
In 1964 a quarter could buy you about one and a half gallon of gas. Digg this! If you have a 1964 quarter, it will still buy you about 1 1/2 gallon of gas....LOL. Why? Because quarters before 1964 have 90% silver in them making them worth anywhere from $3 to $5 bucks apiece depending on where you go to sell them. Better yet 50 cent pieces before 1964 have heavier weight and are also 90% silver. I paid one gentleman $10 buck for a fifty cent piece and a dime that were both dated before 1964.
I won't spend a lot of time educating you on the values of coins but I will suggest you search the internet for training videos on coins. It will give you an entirely different perspective towards coinage. I have one friend who purchase $400 dollars worth of 50 cent pieces per week and just goes thru them. It's truly a can't lose investment.
With the cost of milk, eggs, bread and basic consumer goods expected to dramatically increase, one must exercise prudent buying methods to maximize returns on purchases. I'm planning to purchase all the tools of the precious metals trade. This includes but is not limited to metal detector, magnets, acids, polishing stones, loupes and even a scale that is capable of measuring grams.
If you want to stay tuned to future post, make sure to like this blog and add it your list of blogs that you follow.
No comments:
Post a Comment