This article content was included in DEBT FREE WEALTH RADIO content. That show was titled Wall Street Walkout and offers more info that appears here. Listen in here:
A March 14 article in The New York Times titled Why I Am Leaving Goldman Sachs is likely to become viral. “Greg Smith is resigning as a Goldman Sachs executive director and head of the firm’s United States equity derivatives business in Europe, the Middle East and Africa”. This is HUGE! Mr. Smith’s reason “I hope this can be a wake-up call to the board of directors. Make the client the focal point of your business again. Without clients you will not make money. In fact, you will not exist. Weed out the morally bankrupt people, no matter how much money they make for the firm. And get the culture right again, so people want to work here for the right reasons. People who care only about making money will not sustain this firm — or the trust of its clients — for very much longer.”
Now Goldman Sachs is integral to global finance and one of the world’s largest and most important investment banks. Goldman Sachs is not Wall Street, but it is an iconic representative of it.
When our six-figure 401K and other investments tanked while under the management of ‘the Wall Street experts’, I decided if I were going to lose my money anyway, I may as well have a hand in it, rather than have OTHERS dipping in to it as the balance disappeared.
The Case for Gold
The funny thing is, as I spent more and more money on gold and silver, the gold and silver massaged my aching financial muscles with ooohs and aaahhhs as it delivered value increases, and other wonderful benefits.
More and more people are buying gold and silver. My research shows the UK leading the way in personal consumption of it, while other countries lead the way in more commercial purchases – like banks buying it by the trailer load. However, ordinary people like you and I can own gold and silver, hold it in our own hands (safes, or safety deposit boxes) and bypass Wall Street.
So…Wall Street or Gold?
If you are going to buy it, here is an article I wrote earlier titled, Why Buy Gold and Silver Any Other Way?
Gold and silver may have been the hobby of kings, but today, the smart people, even the broke ones, are realizing it is the way to go. So do broke people buy gold and silver? Absolutely! But only those who don’t intend to be broke forever – in other words, not the broke who have a poverty mindset.
Ready for yours? Click the Buy Gold and Silver Tab above, or better yet – use your money (cash) and convert it to alternative money (very liquid gold and silver), and earn even more money (income, residual income, and possible value appreciation).