Paul Hutchings
Paul Hutchings

Numis Network, Why I Didn’t Join…

February 23, 2010by Paul Hutchings

This is Paul Hutchings here and I am excited to share this review on Numis Network with you.

Just to give you a heads up, this won’t be necessarily an “in depth” review but just some thoughts I’ve had regarding this opportunity.

Numis is making a huge splash in the marketplace. I see their reps popping up everywhere. I’ve got a good friend that’s really been after me to join this company and so I just want to share with you some thoughts as to why I HAVE NOT joined Numis Network.

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.

I doubt that these investments will make you rich but at least they can help you protect some of the purchasing power that you’ve accumulated through your hard work.

I have been a serious student of the economy for a few years now and here’s what I’ve learned.

In the United States we have what is called a “fiat” currency. That’s a fancy way of saying that our money is not backed by any real value. The only thing that keeps it afloat is the confidence consumers have in it.

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.

That’s not the case anymore.

The federal reserve is printing new dollars at a rate never before seen our country. When you have more dollars flooding the economy only one thing can happen, the value of the dollars go 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 families 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?

Numis Network deals not in gold and silver but “collectible” gold and silver coins. Numismatic gold and silver. This means that the 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 you’ll 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

Numis is a solid company, and I know some very talented marketers that are extremely excited about this opportunity.

You can make a lot of money with Numis IF you know how to market.

Paul Hutchings
Paul Hutchings
Happily married for 20 years. 4 sons. Started my first home biz in 2005. Love music, reading, fitness & helping others win FREEEDOM! Also co-founded The Home Business Academy.

I love working from home. 😀

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