5 Reasons to Leverage Coin Collecting for Wealth Preservation and Income Generation
By: Jim Green
Submitted: 2011-07-07 23:21:52 | Word Count: 679
In this article we cover the 5 most important reasons to be collecting tangible assets now. Assets expected to rise in value make the most sense, especially silver collectible coins or even gold for those that can afford it. Based on some projections on increased value of the metals content alone, this could be one of the best ways to preserve current wealth. Also, we'll discuss briefly why the Numis Network business opportunity may provide a vehicle to this end as well as an income opportunity within the direct selling industry. So, why is collecting these assets a good idea?
1. Fiat Currencies - All of today's major currencies are fiat, including our own US dollar, the euro, the yen, etc. Most don't recall that Richard Nixon actually began this practice by removing the US dollar from the gold standard in 1971. Of course prices have risen dramatically since that decision, especially as the US spending has balooned mainly due to politicians pandering to constiuent "demands."
2. US Debt Spiraling Out of Control - The Creature From Jekyll Island (aka the US Federal Reserve) has the power to imperviously pay the country's "bills" by printing money. This would be called counterfeiting in any other setting. Raising the nation's "debt ceiling" may bring on some high political theater, but does anyone really believe the leadership is serious about the issue at all? The US Economy may soon be entering uncharted waters when complete default on the country's obligations occurs, sooner or later (possibly at a failure to raise the debt limit).
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3. Economic Opportunity - Although the world may not be facing another great depression, times of great financial upheaval have always represented times of great opportunity for those who are prepared. And if we are soon to be entering a period similar to the Great Depression, or worse, possession of valuable "hard assets" couldn't hurt.
4. Collectibles Performance - Most collectibles have failed to keep pace with the US stock market and are illiquid by nature, yet numismatics are viewed as one of the best available inflation hedges today. The inherent metals value makes this expecially true of gold and silver coins. Who can turn on the television and not see an ad pertaining to precious metals coins recently? And though Numis Network specifically cannot be viewed as an investment opportunity, based on its ground rules, collections of gem state, rare numismatic coins could prove to be one of the unsurpassed wealth preservation strategies at this time in history.
5. Value to Future Generations - Even if you never redeem your collectable assets, your heirs will appreciate them, if only for sentimental value. Moreover, coins are cool. Your kids' kids will appreciate you for it!
OK, so collecting assets can be advantageous to, if not a necessity for, your bottom line wealth. There are several reasons to consider using the Numis Network as primary means. First, Numis Network is a unique a "first mover" opportunity in the direct selling industry. Second, it makes sense to purchase collectible coins regularly. Those familiar with the network marketing industry are very familiar with typical requirements for monthly purchase in order to remain "pay qualified."
The Numis Network Silver Coin of the Month Club is something that both its customers and distributors enjoy. Why not get something in the mail each month that has long lasting value and that you and many coming after you will enjoy? Everyone collects something, so why not collect money while at the same time building a profitable enterprise?
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For additional content pertaining to silver collectable coins and success strategies for the direct sales/mlm/internet network marketing industry, we have more detailed training and support for those needing help or that are seeking answers.
In this article we cover the 5 most important reasons to be collecting tangible assets now. Assets expected to rise in value make the most sense, especially silver collectible coins or even gold for those that can afford it. Based on some projections on increased value of the metals content alone, this could be one of the best ways to preserve current wealth. Also, we'll discuss briefly why the Numis Network business opportunity may provide a vehicle to this end as well as an income opportunity within the direct selling industry. So, why is collecting these assets a good idea?