THE GOLD STANDARD

THE GOLD STANDARD

Although it is said that the economy has begun making a recovery in recent years, people remember the sting all too well. People are seeking out ways to protect themselves from money and job loss down the road. It’s a smart option to consider other ways to make money and save it. For instance, many people are taking up a new type of selling called “drop shipping”. Drop shipping involves selling items online without having to keep inventory. The seller lists an item and once it is sold to a buyer, the seller secures that item from a third party and has the product directly shipped to the buyer. 

A more traditional route of making money and providing a way to hedge against inflation is to invest in gold and other metals. During the 1970’s, the US went off of the “Gold Standard”. While it appears that gold is on the increase in cost, it is actually the dollar that is dropping and falling away from the value of gold. This is why many are investing in gold. However, there is only so much gold in the world. There are companies who wish to buy jewelry from jewelry owners in order to refine it.

To learn more about the benefits of refining gold and other metals, there is a lot of information available via the Internet. There are many avenues to explore. 

Many people get involved in real estate as well. Times are changing and with it comes new opportunities to make money.

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