One month ends as the next begins this weekend. Payday for most people. I noticed as I waited for my turn at the ATM in the bank foyer, I was the oldest person in the room. Inside at the teller windows was the line-up of canes and walkers and shopping carriers on wheels. It appears the elderly don't use debit cards.
The scene brought to mind the photos published of the senior citizens of Greece and Cyprus in tears sitting on sidewalks and curbs in front of closed banks. Banks suddenly taking a 'bank holiday' to prevent a run on them as the government went bankrupt. When those banks re-opened their customers were limited to 60 euros per day withdrawals. How would the elderly pay their rent, buy their vital prescription drugs, and groceries on so little? Then again, many of these people had no savings left as their money was confiscated for the bank bail-ins. So they had their social security, you say? No. That was gone as well. As I looked at the lines at the teller windows, I wondered how many of these people, if any at all, were prepared for such a thing to happen in the United States. I used to wonder why my grandparents kept a good portion of their cash in their home safe. Now I understand. They had come through the Stock Market Crash of 1929. They were prepared for a re-occurrence.
Outside of the bank those walkers and canes click-clacked their way to the newsstand, cash envelopes in hand. Not to buy a newspaper or magazine. The queue was now for lottery tickets. Slips of paper with the lucky numbers of these marginal survivors. Long lists of numbers for which these people spend $20, $40, even as much as $100 on a dream of riches. Somehow I find this a much more tragic scene than if they sat on the curb in tears because they couldn't get their money out of the bank.
Speaking of converting paper money into lottery tickets and scratch-offs, how much do you spend a week? A month? Even $10 per week comes up $40 for the month. How much do you win? Uh-huh.
What if you took that $40 and deposited it into a plan to convert dollars into physical gold? A far cry from the $1260 an ounce for gold, you object? Of course, it is, if indeed you could only acquire gold by the ounce.
The beauty of Karatbars is they come in 1g, 2.5g., or 5g bars of .999 pure gold bullion. Easy to afford with the savings plan you determine. Easy to spend, too, if you need it. See The Reason To Buy Karatbars Here Better yet, Karatbars will store it for you for FREE. Should circumstance require you to convert your gold back into dollars, Karatbars will buy back your gold and deposit the money into a pre-paid MasterCard so you have operating capital to get through an economic emergency.
If you're going to place money on a bet, doesn't it make sense to you to put it on a sure thing? Those loser lottery tickets end up blowing in the wind. Gold is your money outside the system.
The few minutes you spend to watch these short videos could change the course of your future.
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