Richard Raboteau từ Mehandipur, Rajasthan, India

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04/27/2024

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Richard Raboteau Sách lại (10)

2018-03-16 18:31

Bạn Hợp Với Nghề Gì Nhỉ? - Bạn Là Người Say Mê Nghiên Cứu Thư viện Sách hướng dẫn

Sách được viết bởi Bởi: Nhiều Tác Giả

If you are poor it is because you lack financial knowledge. Read this and know why you should be buying silver as a great investment for the future. Notes & Quotes: "...gold and silver have always won out over fiat currency (a fancy term for money that is not backed by something tangible like gold or silver)." - Michael Maloney (Guide to Investing In Gold & Silver, pg.xx) "Gold and Silver have been the predominant currency for 4,500 years, but they became money in Lydia, in about 680 B.C. When they were minted into coins of equal weight in order to make trade easier and smoother. But it was when coinage first made its appearance in Athens that it truly flourished." - Michael Maloney (Guide to Investing In Gold & Silver, pg.7) "...Athenians discovered that if you take in 1,000 coins in taxes and mix 50 percent copper in with your gold and silver you can then spend 2,000 coins! Does this sound familiar to you? It should... It's called deficit spending, and our government does it every second of every day." - Michael Maloney (Guide to Investing In Gold & Silver, pg.7) "Rome supplanted the Greek empire as the dominant power of its day," - Michael Maloney (Guide to Investing In Gold & Silver, pg.8) Tulip Mania of 1637 http://en.wikipedia.org/wiki/Tulip_mania John Law (The kind of damage fiat currency can cause.) http://en.wikipedia.org/wiki/John_Law... "...extreme situations can actually present opportunities to acquire vast wealth." - Michael Maloney (Guide to Investing In Gold & Silver, pg.8) The Weimar Republic (a painful lesson learned) http://en.wikipedia.org/wiki/Inflatio... "...it is not price, but value, that matters, and the purchasing power of gold and silver had gone up exponentially." - Michael Maloney (Guide to Investing In Gold & Silver, pg.17) "An en masse movement out of the currency into precious metals and other tangible assets takes place, the currency collapses, and massive wealth is transferred to those who had enough foresight to accumulate gold and silver early on." - Michael Maloney (Guide to Investing In Gold & Silver, pg.22) "If we pay back all the currency that was borrowed into existence, but we still owe the interest, where do we get the currency to pay the interest?" Answer: We have to borrow it into existence. This is one reason why the national debt keeps expanding. It can never be paid off. It is mathematically impossible." - Michael Maloney (Guide to Investing In Gold & Silver, pg.27) "When you or I write a check there must be sufficient funds in our account to cover the check, but when the Federal Reserve writes a check there is no bank deposit on which that check is drawn. When the Federal Reserve writes a check, it is creating money." - The FED (Putting It Simply, 1977) "Before 1913 there was no income tax." "Welcome to the rabbit hole." "Fractional reserve banking is like an inverted pyramid." "...the value of a brokerage account or a house depends solely on the perception of others. If someone thinks your assets have value, then they do, but if they don't think they have value, then they don't." - Michael Maloney (Guide to Investing In Gold & Silver, pg.27) "On August 28, 1933, Roosevelt signed Executive Order 6260, outlawing the constitutional right of U.S. citizens to own gold." - Michael Maloney (Guide to Investing In Gold & Silver, pg.36) http://en.wikisource.org/wiki/Executi... Bretton Woods System http://en.wikipedia.org/wiki/Bretton_... "...August 15, 1971, President Richard Nixon was forced to close the gold window. The U.S. dollar was no longer convertible to gold, and all currencies became free-floating. For the first time in U.S. history, the currency supply was entirely fiat. ... So with the end of the Bretton Woods system, in 1971, the dollar was freed from any fiscal constraints, allowing the U.S. to print as much paper "gold" as it wanted. A power it still holds today." - Michael Maloney (Guide to Investing In Gold & Silver, pg.43) "Banks don't want to own homes, they want to own mortgages on homes." - Michael Maloney (Guide to Investing In Gold & Silver, pg.51) "If you jump into a market when everyone else is doing the same thing, you're probably too late. On the other hand, if you get into a market early, when it's fundamentally undervalued, then wait for it to become extremely overvalued, and sell once a true top has been established, you should do very well." - Michael Maloney (Guide to Investing In Gold & Silver, pg.53) "...remember, in times of financial upheaval, wealth is not destroyed, it is merely transferred. The opportunities this creates for the educated investor are enormous." - Michael Maloney (Guide to Investing In Gold & Silver, pg.54) DOW http://en.wikipedia.org/wiki/Dow_Jone... Stock Charts http://stockcharts.com/ http://www.shadowstats.com/ http://www.nowandfutures.com/ "There are basically two kinds of tax, the kind the masses can see, and the kind they can't. The inflation tax is of the second kind." - Michael Maloney (Guide to Investing In Gold & Silver, pg.69) "It's not what the price of gold is that matters, but rather how much stuff it will buy." - Michael Maloney (Guide to Investing In Gold & Silver, pg.71) "...a baby born as a U.S. Citizen in 2007 comes into the world owing approximately $30,000. But that's only what the baby owes for our reckless deficit spending in the past (debt)." - Michael Maloney (Guide to Investing In Gold & Silver, pg.77) (unfunded liabilities) *$550,000 when you add all debt. "...Social Security benefits (which are nothing more than a tax that you have paid being returned to you) taxable. That, my friend, is called double taxation," - Michael Maloney (Guide to Investing In Gold & Silver, pg.82) "...Social Security was created in 1935 there were 42 workers for every retiree, whereas today there are 3.3, and by 2030 there will be only 2. This is a by-product of the aging of the baby boomer generation." - Michael Maloney (Guide to Investing In Gold & Silver, pg.83) *Author mentions interview with Ron Paul, a man who tells it like it is. / fractional reserve banking AKA bunny money (9x) *Throughout history the average of silver to gold was 12 ounces of silver to one ounce of gold, now in 2010 it is 41 to 1 "The easiest way to buy silver was to take a paper dollar to the bank and ask for change. So much coinage was disappearing from circulation that the government was forced to remove silver from U.S. coinage beginning in 1965." - Michael Maloney (Guide to Investing In Gold & Silver, pg.126) Pg.128-131(140) why to buy silver Read this again. Pg.140-150 becoming super rich by understanding cycles. Silver-investor.com *As of right now silver as about $34 an ounce. Let's say I save up $20,000 and buy silver. Silver Spot at 34 x 20,000 = 588 ounces. You hold onto this until the price of silver skyrockets. Gold right now is about $1,400 an ounce so let's say silver hits the same price, and now you sell it. 1,400 x 588 = 823,200. You can now buy a bunch of houses and rent them out, or get ballsy and use all of it on 20% down on even more houses. Pay a company a cut to do all the landlord business while you sit back and collect all the profits. *Have to report capital gain to the IRS after you sell. Consult a tax advisor. "You can never really own real estate for instance; if you think you can, just try not paying your property taxes for a few years." - Michael Maloney (Guide to Investing In Gold & Silver, pg.186) Whether you like it or not, the empire of the United States of America is now in decline. Yes, the U.S. is an empire. Our military presence and might reaches around the globe, and the U.S. is the only nation on earth that because of the dollar's status as the reserve currency of the world, has the ability to tax, through currency creation, all other nations." - Michael Maloney (Guide to Investing In Gold & Silver, pg.195)

Người đọc Richard Raboteau từ Mehandipur, Rajasthan, India

Người dùng coi những cuốn sách này là thú vị nhất trong năm 2017-2018, ban biên tập của cổng thông tin "Thư viện Sách hướng dẫn" khuyến cáo rằng tất cả các độc giả sẽ làm quen với văn học này.