Numis Network, Boom Shaka Laka
Hello my friend.
Hello my friend.
This is Paul Hutchings here and I am excited to share this review on Numis Network with you.
Just to give you a heads up, this wont be necessarily an in depth review but just some thoughts Ive had regarding this opportunity.
Numis is making a huge splash in the marketplace. I see their reps popping up everywhere. One of my buddies has been trying to get me to join for a few weeks now and I need to tell you why I haven't.
THE TRUTH ON PRECIOUS METALS
First off, you need to understand that I believe in investing in precious metals. If you have extra cash laying around that you are not using, I would recommend purchasing gold or silver as a hedge against inflation.
I doubt that these investments will make you rich but at least they can help you protect some of the purchasing power that youve accumulated through your hard work.
I have been a serious student of the economy for a few years now and heres what Ive learned.
In the United States we have what is called a fiat currency. Thats a fancy way of saying that our money is not backed by any real value. The only thing that keeps it afloat is the confidence consumers have in it.
The dollars used to be founded upon precious metals. They're called "federal reserve notes" because there used to be gold and silver on "reserve" that you could trade your dollars in for.
Not anymore.
The federal reserve is printing new dollars at a rate never before seen our country. When you have more dollars flooding the economy only one thing can happen, the value of the dollars go down.
Many experts are even predicting a scary scenario known as hyperinflation where we could rapidly lose all purchasing power in our money.
It is for these reasons that I believe investing in gold and silver can help protect a family's purchasing power.
THE CHALLENGE WITH NUMIS NETWORK
When I diversified some of our assets into gold and silver I paid $13 per oz of silver. Those one oz rounds are now worth about $17. Not bad.
Numis network reps are getting 1 oz silver coins for about $100 bucks.
That seems a little high doesn't it?
Numis Network deals not in gold and silver but collectible gold and silver coins. Numismatic gold and silver. When you invest this way, you're not just paying for the gold/silver content, you are also paying "blue sky" or "collectors value".
If you are investing in gold/silver to hedge against inflation, collectibles are definitely not the way to go as youll pay a premium for the metal content in the coin.
Our currency would have to be deflated 5 times in order for my friend to break even on his $99 investment (on silver value).
If you like collectibles, and you've got the money to buy em, there is nothing wrong with that. Just don't look to collectibles to help you fight inflation.
In a crashed economy, not many people will care about having collectibles. They will care about feeding their loved ones.
CONCLUSION
There is a good market for collectible gold and silver. You should understand, however, the reaons why most people are buying gold and silver right now.
That being said, Numis is a good project and has attracted some superstar marketers.
Even though it wasn't for me, It is possible to make a lot of money with this company if you know what you're doing.
by: Paul Hutchings
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