subject: Numis Network, Why I Didnt Join [print this page] Hello my friend. Hello my friend.
You're about to learn why I decided not to join Numis Network.
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
Listen, precious metals are a great thing to invest in. If you have extra cash laying around that you are not using, I would recommend purchasing gold or silver as a hedge against inflation.
Although investing in gold and silver won't make you rich, it will help protect you from inflation.
As I have studied history and economics I've learned a few valuable lessons.
In the US, our money is not backed by any real value. It's not attached to any tangible asset which means our governement can print as much as they want.
Our money used to be backed by gold and silver. Back in the day, you could actually take your dollars and trade them in for their respective gold/silver values.
Not anymore.
The federal reserve is printing new dollars at a rate never before seen our country. If you have too much of any type of asset there can be only 1 result. The value goes 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.
The friend I have in Numis network shared with me that he got an oz. of silver in his auto-ship for $99.
So what gives? Why the price discrepancy?
Well, in all fairness, Numis reps are buying collectible gold and silver coins. This means that you are paying not just for the gold/silver content but also for the collectible value as well.
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.
For the 1 oz coin my friend bought in numis network, it would take 500% inflation on our currency just for him to be able to break even on the precious metal content.
In my opinion, collectibles are great if your into that but they are really a crap shoot if your looking to make money.
In a crashed economy, not many people will care about having collectibles. They will care about feeding their loved ones.
CONCLUSION
A big market does exist for the numis network product. Just don't expect to sell it on the merits of fighting inflation.
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.
