Why It Pays To Invest In Gold

By Bob Schwartz, California Gold Nugget Prospector

There is a giant vacuum scooping up most of your financial wealth and you dont even hear the noise. Quite simply, you are going broke. The US currency was designed to be, literally, as good as gold, from the very beginning. The Constitution states that our currency was meant to be only gold and silver to prevent exactly what is been happening to the US dollar right now.

When the gold standard was set in place the price of gold remained a constant $20.65 per ounce and fluctuated only one penny over the years 1833 to 1890. From the years 1891 to 1930 the price of gold was still pretty stable. The low was $20.58 and the high $21.32 per ounce. This means that for the period of 1833 through 1930, a total of 97 years, the price for 1 ounce of gold changed only 74 in US dollars. An interesting fact is that gold hit an all-time low $17.06 during the Depression year of 1931.

Many people believe that the 1931 goal was influenced by the newly formed Federal Reserve which kept the money supply very tight. Some believe that it was the Great Depression that created the Federal Reserve. Actually, the Federal Reserve was created in 1913, well before the Great Depression. Since the Fed’s creation, the US has been slowly going off the gold standard. On August 15, 1971, President Nixon announced that the United States would no longer redeem US currency for gold. This was actually the final step for the US abandoning the gold standard.

Since going off the gold standard the value of the US dollar has been steadily and continuously declining. While the actual price of gold remained fairly consistent, one has to look at the value of the dollar. Since going off the gold standard, the dollar has declined.

Recently the price of gold hit all time highs at over $1400 an ounce. Since then the rate has dropped below $1400 but the Federal Reserves latest scheme to buy 600 trillion of the Treasury’s debt, it seems certain that gold is about to reach a new high once again.

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Now here’s an interesting fact: In 1964, a quarter would buy you a gallon of gas. Quarters made in 1964 and earlier were roughly 90% silver and 10% copper. Today, with gas going for about three dollars a gallon, the silver in that pre-1964 quarter would buy over a gallon and a half worth of gas. So you can see, it’s not that the price of silver has gone up so much. It’s the fact that the dollar has been tumbling that makes this possible.

There are many out there that are saying this is a gold and silver bubble and it’s about to bust.

The uncontrolled spending here in California by the state government, as well as the Federal government, indicates the dollar value will continually erode, at least in the foreseeable future.

It takes about 5 1/2 pre-1964 quarters to make up 1 ounce of silver. In my example above you can see that the price of gold and silver actually remains quite constant, while the paper currencies that are not tried to gold and silver have actually declined. One can look to the European countries to see the crisis that’s happening with the Euro and individual currencies.

Today the current country in economic distress is Ireland, a few weeks ago it was Greece, and people believe Spain is in the same boat.

This overspending and debt creation has been driving the purchasing power of the dollar down. This is exactly what the founders of the Constitution warned us about and foresaw to prevent by putting us on a gold standard to back our currency. The current $600 trillion Treasury note debt purchase by the Federal Reserve, is just a tax on all US citizens. The government is taking money from each and every citizen by pushing down the value of the dollar. The vast majority of citizens don’t realize this is a tax; in reality that’s exactly what it is.

If you listen to the government, you’ll hear there is no inflation. Go to the grocery store and look at prices for basic staples (milk, fresh vegetables, cheese); they’ve all gone way up. Even though ones salary has been pretty consistent, youre able to purchase much less and have much less disposable income. The concern is not the fact that these commodities are going up; it is that the dollar value is going down.

Investor portfolios should include gold investment in order to offset the decline in the dollars purchasing power.

The majority of the worlds gold mining results in fine gold dust and natural gold nuggets are rare. Everyone should have some investments in gold.

My personal passion is weekend gold nugget hunting. The adventure of finding my own nuggets is a joy. Meeting many other prospectors has been educational and fun.

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Three Investment Lessons To Learn From Warren Buffet

By Joel Teo

If there ever was any investor that one should pay attention to that would be the infamous Warren Buffet a stock broker who began working his fathers brokerage at a young age of 11 when he made his first stock purchase. Thats why these three investment lessons to learn from Warren Buffet which are so valuable.

Be a value investor is one of three investment lessons to learn from Warren Buffet which are so valuable. Buffetts philosophy is a from the Benjamin Graham school of Value investing. A value investor will look for securities that have unjustifiably low prices attached to them based on intrinsic value which can be determined by evaluating the companys fundamentals.

International trading strategy is number two of three investment lessons to learn from Warren Buffet which are so valuable. Now lets have a look his international trading strategy. Trade deficits occur when a country has a growing economy so these stocks are a wise move.

There is not danger because as the economy grows so do new assets that foreigners can invest in and buy in which is part of the three investment lessons to learn from Warren Buffet which are so valuable.

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Your international investments can reap you excellent profits as the country grows and develops and the dollar value grows through investments and developments. Thats why this is part of your lessons to learn from Warren Buffet which are so valuable.

Costs opportunity is number the three investment lessons to learn from Warren Buffet which are so valuable. According to Buffet you must look at all your costs as the cost of opportunity. Dont evaluate your losses for the year when the returns of that investment wont be seen for a considerable length of time.

There are a many investors that have excellent knowledge to share with you but we have shared three investment lessons to learn from Warren Buffet which are so valuable because he is the best making more money than anyone else in the world.

Warren Buffet is an investor that the world pays attention to, which is why we have shared three investment lessons to learn from Warren Buffet which are so valuable.. They will start you on the right track to your future wealth. If you are interested in investing and making money use these three investment lessons to learn from Warren Buffet which are so valuable.

Copyright 2007 Joel Teo. All rights reserved. (You may publish this article in its entirety with the following author’s information with live links only.)

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Side Effects And After Care Of Colored Hair

Side effects and after care of colored hair

by

hall

Hair color has become a common phenomenon. But what keeps on disturbing us is the safety side of hair color.

What are the side effects of hair color?

To say about the side effects of hair color we have to say that proper guidance and after care do not affect your hair. So, it has no big side effects as it is thought. But, you should test or check whether you have an allergic reaction to the color you want to do. Never forget to do a patch test to see if you have any problem 24-48 hours before the process. You should also check your hair s porosity and elasticity because on this criterion the life of hair color depends.

Types of hair color:

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There are three types of hair colors. Temporary hair colors, semi permanent colors and permanent colors. Duration and hair type determine which color will suits better. Temporary hair colors are the colors, which fade easily. It is basically light fashion colors. Within one month one shampoo can erase the color. For any party or special occasion light temporary hair color can be used.

Semi permanent hair colors last up to 4-5 shampoos. This type of hair colors usually used for coloring up hair because it lasts for a perfect time period. But, for coloring grey hairs you should use permanent hair colors. They help you to change the grey color and will make it normal looking hair with desired color. It is comparatively strong and durable.

How to maintain your hair color and hair?

Temporary colors fade easily. So, they need a regular touch up and rinse. Color like wine red fades within one month and this type of hair color is easy to remove. So, regular touch up and rinse is important to maintain these colors. For grey hairs permanent hair colors need a touch up once in 20 days but it varies from man to man. Generally hair grows 1/2 -3/4 every month. So, redo your color if it fades away when ever it is necessary. Semi permanent hair color has mild effect. So, it is advised to apply this hair color for general use. Hair color should not be drastically different from your normal hair because it does not look good everywhere. But, if you want that kind of look then go for it and rinse every six months.

Always use shampoo and conditioner, which are exclusively recommended for colored hair because they increase the life of hair colors. To protect hair do not expose your hair in sun, dust, chlorine and sea immediate after the coloring.

Hair color styles:

Color the whole hair with some light or dark color is very normal. Hairdressers usually tell customers to choose color, which fit their hair type and hair cut. Fair complexioned should choose bright color and dark complexioned choose light color. Now highlights and lowlights have been also popular. Coloring some portion with darker color comparing the existing hair color or with some lighter color is also very trendy. Apart from this multidimensional hair color can be done. Some demanding hair colors are blond, shades of bronze and brown.

Hair colors are not harmful but it is true it contains some chemicals and they are surely not good for hair texture and hair follicles. So, consult your beautician and color your hair.

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