I have been following Mike Maloney, the author of the book ‘Rich Dad’s Advisors: Guide to Investing in Gold & Silver – Protect Your Financial Future’ for a while now. He is very knowledgeable not only on gold and silver but wealth cycles on a whole; which is a very interesting subject.

Just like this video below, Mike’s book is a must read and I totally recommend it. His style, as you will see in the video below, is frank, direct and logical.  So if you are interested in protecting your finances and assets, as well as understanding why the economy is in the mess that it is, then you need to watch this video…Today!

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Yesterday I was reading an online article about the UK property market and how it is set for the biggest slump in 50 years. Then this morning reading my daily dose of Money Week the key article happened to be on property – ‘Britain’s housing market is an unexploded economic bomb’, in which, according to Halifax, ‘Uk house prices saw their biggest fall in 18 months in April’.

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Judging from the pomp and old skool glory of the Royal Wedding last Friday one would deem that Britain was still ‘great’ as in ‘the sun never sets on the empire’ great! When in actuality it is broke! It is no longer ‘Great Britain’ but ‘Austerity Britain’.

With the cost of security for the Royal Wedding added to the country’s already severe budget deficit, a number of articles estimate that the cost to the taxpayer will be in its millions. How that will affect the already economically squeezed Briton, what with ‘Tax’ and ‘Inflation’ sitting on either side of them, is simple a question of time.

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Gold, as you know, is a hedge against inflation, which in the UK stands at 3.5%; 1.5% above target. It is the oldest currency in the world, and now that I understand what money is and how it works, I appreciate why it is.  Gold preserves your money, your assets! And will always do so. Full stop!

‘No paper currency’ Tim Price writes in this week’s Money Week ‘has ever persisted. The fate of all paper currencies is to deteriorate over time towards their inherent value, which is nothing.’ This statement is backed up in the following video ‘The Demise of the British Pound through Monetary Inflation’,

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Some people keep up to date on celebrity news, sports news, entertainment news and general news; I in contrary keep an eye on the economic news. Why, because in order to become financially savvy one must understand what plain one is working on. As the saying goes forewarned is forearmed.

In the last several weeks the headlines that have popped out at me are as follows –

• Hard times ahead for 3 more years (Daily Mail – 27.01.2011)
• Economic outlook is bleak indeed. We can put through but only if our leaders have courage enough to tell us the truth (Daily Mail – 27.01.2011)
• A fifth of university leavers are out of work (Daily Mail – 27.012011) – see my post on students and jobs here.
• Debt crisis could tear up Europe, says Soros (Daily Mail – 27.01.2011)
• Property – the Achilles heel of the financial system  (Financial Times – 27.01.2011)
• Young fret over money woes (The New York Times – 31.01.2011)
• Sudden uprising in Egypt unsettles global markets (The New York Times – 31.01.2011)
• Age of the part-timer: 200,000 jobs were created last year. Only 3 per cent were full-time (The Daily Mail – 01.02.2011)

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Last month I wrote a post about the power of earning whilst giving - click here to view, and in that article I introduced a global membership organisation I belong to and feel very passionate about Club Asteria. 

Club Asteria purpose is to provide education, business opportunities and innovative programs to empower their members. Their mission is stated as follows :-

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Due to the current global economic crisis the subject of pensions and savings on a whole, have been in and out of the media on a consistent basis, and with the talks of inflation and whether the Bank of England is going to increase interest rates again and the consequences of that, the consensus is that the idea and structure of a pension and with it the signification of retirement is no longer viable in the 21^st Century.

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Earlier this month I attended my first event of 2011; it was Richard Anash’s of Wealth Guardian Education,1 day Money Wisdom Workshop. And I am really glad to say that it was, especially as the subject matter ‘financial education’ is something I strongly advocate and am very passionate about.

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It’s the New Year, and this is my first post from Becoming Financially Savvy, the financial education and wealth creation blog of Butterfly Wealth Creation, for 2011. As such the subject of this article is very dear to my heart. Financial Equality!

Financial equality, in this context, refers to bringing financially stability to individuals from the poorest parts of the world, both here in the western world and developing countries. Financial freedom and financial education is a right for all, and it is amazing what one will do for it and what one can do with it, once they understand it, have it, and implement the core teachings of it.

We all know the world is much bigger than the EU, USA and UK and that although times are economically hard, globally, we have a lot more than most in other parts of the world, as such what are your thoughts on the following quote.

‘The purpose of wealth is to serve others’.

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Since my last post on gold ‘Gold(en) Nuggets To Beat Economic Instability’ back in July, gold has continued to go up setting a new high of $1,414.60 an ounce last month; as well featuring more prolifically in the mainstream news. That does not mean however that the Gold Bull Run has exhausted itself. No, not all!  Gold (and silver) will continue to rise as long as the global governments continue to manipulate the money markets and inject more money into the economy by printing it aka quantitative easing. Most gold experts believe it could go up to $5000 an ounce, thus $1100 will seem like chump change in the not too distant future.

As such I thought I would write a complimentary article about the different ways to invest in gold as there are numerous. Below are the most common: -

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