Blog: Avoid International Banking Cartels and Invest In Alternative Stores of Value

​Avoid International Banking Cartels and Invest In Alternative Stores of Value

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​In a world with looming inflation and the risk of government confiscation, we need to say “no” to international banking cartels, take control of our assets, and convert them from currency to another store of value. A store of value is a way to invest your money and preserve its value while you retain the ability to retrieve or liquidate it. Here are 3 alternative stores of value to consider along with the pros and cons of each so you can determine which one is right for you:

Precious Metals

Gold has a number of points in its favor. It is universally recognized and you can sell it almost anywhere in the world. It is also small, tangible, and lightweight. You can buy and sell it anonymously regardless of whether you hold jewelry, coins, or bars. You can easily buy gold nuggets from places like www.nuggetsbygrant.com among others. 

Gold won’t rot or deteriorate and its value goes up if there is significant inflation. Its value also seems certain to go up because it is being bought up by central banks as a settlement asset. Concerns include the risk of theft or confiscation and the fact that it cannot generate income. 

Cryptocurrency

Cryptocurrency is fungible. This means that it can be exchanged worldwide for almost any currency, including other cryptocurrencies. Unlike a gold bar, cryptocurrencies are very divisible. You can convert them into small sums to buy all kinds of items. 

The downside of cryptocurrency is that it depends on technology. Your cryptocurrency wallet could be lost if the account is hacked or you lose the digital device where your access codes are stored. The risk is greater if the cryptocurrency is stored in a cryptocurrency exchange. Cryptocurrency value can be affected by forking or divergence of the currency. The seemingly endless supply of cryptocurrencies could hurt the value of the others; this includes various government-backed cryptocurrencies. On the flip side, you can invest in cryptocurrency futures as well as cryptocurrencies themselves.

Safe, Cash-Producing Assets

Safe, cash-producing assets have a number of benefits. One is that they generate cash-flow, something few other stores of value can do. This category can include peer-to-peer loans that are backed by real assets and agricultural property. 

Agricultural property has greater long-term value than the average piece of land, and the crops produced have value as well. Another option is investing in shares of a stable business. The shares of the business will appreciate as the currency devalues, and you’ll continue to receive dividends. This strategy can include investing in a well-managed business of someone you know or buying shares of stock in a strong company. In a crisis, the shares may go down, but they’ll be the first to recover. And the value of your investment will grow when there is a great executive at the helm. In all of these cases, you need to educate yourself about the investment before you buy so that you don’t lose money.

Paper currency sitting in the bank is going down in value, and it is at risk of becoming worthless, so you may want to consider utilizing other stores of value as soon as possible.