Sunday, December 12, 2010

Penny For Your Thoughts?

Do these uncertain economic times have you wondering just what you should do with your money? Are you curious about investing in gold or silver, but you’re worried about the bubble created by mass-advertised scamsters? Well, give your confusion a bath, a big glass of milk and put it to bed, because I have discovered a fool-proof way to increase your wealth with just one trip to the bank.

Fact: It costs 1.62 cents to create a penny. Why? Because pennies are made of zinc and copper, two substances whose value has climbed in recent years. In other words, pennies are worth more than one cent.

What does this have to do with you, the savvy speculator who is looking for a quick solution to that sinking feeling in your gut caused by the worry that our money will soon be worthless?

Simply this: if you convert all of your money to pennies, you officially become a commodities investor. Frankly, it’s a plan that just makes “cents.”

*pause for laughter*

What’s more, there is security in pennies. Someone robbing your house isn’t going to look at pennies and think, “Hey, I should steal those.” Even if they are privy to the true value of the copperhead, try carrying even a hundred dollars worth of pennies; it weighs over 55 pounds! It’s security in weight, my friend.

Rather than investing in gold while the price is at an all time high, why not invest in copper at the low 1982 rate, with a side bet in zinc? Did you realize copper and zinc are the 3rd and 4th most commonly used metals in the world, respectively? Every US penny is made from copper and zinc, and the older the penny, the more precious copper it has!

Best of all, if the fear-mongering over hyper-inflation turns out to be bogus, you will not have lost a single cent through this investment scheme, though you will probably spend a day or two at the local Coinstar trying to get your cash back into a convenient form. Still, it’s a small price to pay for financial confidence in these trying times.

You’re welcome.

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