{"id":236,"date":"2012-10-03T05:35:44","date_gmt":"2012-10-03T05:35:44","guid":{"rendered":"http:\/\/www.apisbull.com\/blog\/?p=236"},"modified":"2012-10-03T05:35:44","modified_gmt":"2012-10-03T05:35:44","slug":"do-you-have-enough-gold-silver-for-the-economic-crisis","status":"publish","type":"post","link":"https:\/\/www.apisbull.com\/blog\/?p=236","title":{"rendered":"Do You Have Enough Gold & Silver For The Economic Crisis"},"content":{"rendered":"
With the fed promising to print more money until INFINITY, the window to buy gold and silver before prices skyrocket is quickly closing.<\/span><\/div>\n

\nA fantastic question we often stumble upon is this:<\/span><\/span><\/div>\n

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\u201cHow much gold or silver do you need for the coming economic crisis?\u201d<\/span><\/em><\/div>\n

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Great question, and we\u2019ll break it down for you below.<\/span><\/div>\n

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But first, know this. \u00a0<\/span><\/div>\n

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Our strategy isn\u2019t just to \u201csurvive\u201d the next economic collapse. And however much gold and silver you\u2019ll need to ride out the financial storm is just the bare minimum you should buy.<\/span><\/div>\n

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The real strategy is to collect your lion\u2019s share of the wealth transfer that\u2019s about to occur. \u00a0<\/span><\/div>\n

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Let me explain.<\/span><\/div>\n

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Whenever an economic collapse occurs, real wealth doesn\u2019t disappear, it just changes from one hand to anther. \u00a0That\u2019s why more millionaires were created during the Great Depression than at any other time before in American history.<\/span><\/div>\n

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Purchasing gold and silver the right way… \u00a0and then maybe the most important part, knowing when to sell at the right time… is how to capture enormous amounts of wealth as it changes hands.<\/span><\/div>\n

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BUT it\u2019s also important to factor in how much gold and silver you\u2019ll need just to keep up your way of life and pay your bills.<\/span><\/div>\n

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There\u2019s an easy way to do that, but you have to understand<\/span><\/div>\n<\/div>\n

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The Gold & Silver Pricing Mystery<\/strong>
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In a US Presidential debate last year, Rep. Ron Paul famously pointed out that you can still buy a gallon of gasoline for a dime…<\/span><\/div>\n

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…a SILVER dime that is, which all dimes were prior to 1965. \u00a0<\/span><\/div>\n

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Paul told the astonished crowd that a silver dime and one gallon of gasoline were both worth roughly $3.50… and he was right!<\/span><\/div>\n

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As the price of gas, food, and other goods and services go up overtime, they do so only in terms of dollars. \u00a0Priced in gold, they stay relatively the same.<\/span><\/div>\n

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And that\u2019s been true for thousands of years.<\/span><\/div>\n

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For example, gold has long been tracked to the price of a man\u2019s suit. \u00a0This was true when the Romans ruled all, when Beethoven wrote symphonies, and when Jefferson penned the Declaration of Independence…<\/span><\/div>\n

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…an ounce of gold always seemed to hover around the price of a decent man\u2019s suit.<\/span><\/div>\n

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Knowing this, a good rule of thumb to make sure you have enough gold and silver for a crisis is to…<\/span><\/div>\n

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Count Up Your Bills Priced In Gold<\/strong><\/div>\n


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1)\u00a0<\/span><\/strong>Get out those receipts and count up how much you spend each month on groceries, gas, rent, cable\/internet, cell phones, utilities, entertainment, etc. \u00a0Then multiply this number by 12 to get an annual figure.<\/span><\/div>\n

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2)<\/span><\/strong>\u00a0Also factor in how much you spend per year on clothes, sports and other expenses that might be seasonal. No need to multiply it, just add this to the previous number.<\/span><\/div>\n

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3)<\/span><\/strong>\u00a0Then add in an extra $500-$1000 for unexpected expenses.<\/span><\/div>\n

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One bill you do NOT have to factor in is your mortgage payment, if you have one. \u00a0Unlike rent that can be bumped up every 6-12 months when your lease is done, your mortgage payment stays the same.<\/span><\/div>\n

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Same with a car payment. And that means when inflation drives up the cost of everything else, including gold, these expenses actually shrink in terms of gold.<\/span><\/div>\n

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OK, after following those 3 steps you should have your annual expenses totaled up.<\/span><\/div>\n

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Time to think about taxes…<\/span><\/strong>
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Gold is considered a collectible for tax purposes, so when sold it can be taxed at up to 28%. \u00a0(And actually, it can be taxed for more.<\/span><\/div>\n

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4)\u00a0<\/span><\/strong>So go ahead and multiply your annual expenses by 1.28, meaning 128%, just to be sure.<\/span><\/div>\n

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Got it?\u00a0<\/span><\/div>\n

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5)<\/span><\/strong>\u00a0Now divide that total by the current gold price: $1,776.<\/span><\/div>\n

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6)\u00a0<\/span><\/strong>This new number is roughly how many ounces of gold you\u2019ll need PER YEAR to get through the crisis without changing your standard of living. \u00a0The next step is to…<\/span><\/div>\n

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7)\u00a0<\/span><\/strong>Determine how many years the crisis will last, and multiply your current total by that. \u00a0This will tell you how many ounces of gold you\u2019ll need to ride out the crisis.<\/span><\/div>\n

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It\u2019s impossible to know for sure how many years the crisis will continue. \u00a0But during the infamous crisis of Germany\u2019s Weimar Republic, high inflation lasted for 4 years – and that\u2019s not a bad guide to use.<\/span><\/div>\n

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After you complete these steps, you should know how much more gold you need to buy to get prepared.<\/span><\/div>\n

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But Don\u2019t Forget to Collect\u00a0Your Share of the Wealth Transfer<\/strong
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Because again – \u00a0we\u2019re not settling for \u201ckeeping our standard of living\u201d during the crisis.<\/span><\/div>\n

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Instead, we\u2019re using our knowledge of the looming crisis to position ourselves to collect the lion\u2019s share of the wealth transfer.<\/span><\/div>\n<\/div>\n