Gold Nearing an All Time High

As one who has a more than passing interest in the economy and how the current economic storm affects all of us, I've been watching the precious metals market. Gold has now closed above $990 and some gold bugs along with market experts are expecting gold to go even higher than its all time high of over $1030 an ounce. When will that be? Some say soon others say after the price retreats again. If it does indeed retreat, then it will be a good time to buy gold and if you already own some, buy some more!

Silver is still lagging behind the historic price vs. gold and may be even a better investment since it too will go above its high set last year.

So what is the price of precious metals telling us? In my opinion it means that people are now losing faith in the dollar as well as looking to invest in something that has gone up in value for the past 8 years and if the affects of this massive new currency creation (inflation) by the Fed becomes a reality as it has throughout history when the currency is inflated, then those investors will have made some very wise choice indeed. Gold and silver would soar much higher and protect the wealth of those wise investors. I would encourage anyone to take a serious look at owning physical gold and silver as a store of wealth. If you need more information check out these Websites: GoldSilver.com and Silver-Investor.com. Are you prepared to survive the (still) coming economic storm? I hope so!

Dr. Chris Martenson's Crash Course

It would appear that more investors are looking to gold and even silver as a store of wealth. History is quite clear that this always happens during times of financial crisis.

Whenever the currency is debased and inflation occurs then precious metals become a safe haven. Some so called experts say that there is not inflation, I disagree! The supply of currency has increased! Now currently it is not being circulated very rapidly so what we are witnessing is a contraction of credit and an increase in the savings rate or hoarding of cash.

With government spending at an all time record high along with the Federal Reserve Bank's monetizing of debt the currency is indeed being devalued. Once the confidence in the dollar tanks, look out. You had better be prepared to witness the results of inflating our way out of this financial mess.

If you doubt anything I have presented here, then I suggest you "learn everything about the economy in the shortest amount of time." Visit the Crash Course prepared by Chris Martenson, PhD. Dr. Martenson is a scientist who understands the risks that we face today and has condensed his "End of Money" seminar to an online presentation. Watch it here and give me your comments. The URL is: http://www.chrismartenson.com/crashcourse.

Grateful to be so Busy

The past week and a half have been very busy for us and we are indeed grateful for all of the prospects we have. These have come to us through our networking efforts with a whole new group of contacts. Normally our referrals came mostly from bankers who currently cannot help a banking customer and those still do come our way. But we saw a downturn in those referrals during the last several months and quite possibly because the commercial lending pipeline is nothing but a drip for most commercial bankers.

We saw this coming and shifted our networking focus to include more business and cash flow brokers. In times like these we concluded that in order to grow our business and find new clients we needed to make some changes in our network marketing. We are delighted to learn that by doing so it has paid off.

If you are not getting all the new business you would like to have why not consider some new methods to reach those people you would consider your potential customers. It is important to recognize that things are changing in the market place and you need to embrace those changes in order to thrive.

Leave your comments about the success you've had by changing your strategies to grow and grab market share which you think would be beneficial to other business owners. By helping others you will increase your success!

I Need To Do More!

When it comes to blogging, I need to keep my promise to blog more. No real reason for not doing so but I have plenty of excuses! That's going to end as of today!

With businesses experiencing some tough times because of the economy we in business need to do more. More of the things that got us where we are in our business but also more in finding new streams of income, more marketing to grab market share and more networking in order to help others in business we trust.

If you want more business in this economy you need to do more. Look for ways to beat out your competitor. Look for more services you can provide your customers and learn how to be an effective networker. Check out Business Network International (BNI) for a chapter near you. And if you live in Indiana be sure to learn more about Rainmakers! I recommend these groups to help you help others grow their businesses. By doing so you will grow yours. Givers Gain!