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Gold Glitter.JPG

Streets of Gold? A Crypto Millionaire keeps a Goldfinger on it!

September 26, 2019

Diving into #crypto with other crypto enthusiasts has introduced me to a community of those who want to be rich (of course) and those who stay rich. Crypto Millionaires know that it takes more than just luck to become wealthy—and stay wealthy. So I’ve been holding my potato sack close while they’re spilling the beans. I figured all of the knowledge will one day supply those golden dreams. We all have them. Why not share?

The crypto millionaire I recently exchanged notes with—I’ll call him Goldfinger for Good—gave us the inside tip on where to store our wins. I made a short video about those four investments, which he says are the only investments that we should consider. Crypto is the safest as there’s no government involvement—for now. I would pay attention to gold, though, as well.

The U.S. government reportedly has the highest reserve of actual gold bricks in the world. But the government decidedly stopped using the precious metal to back the U.S. dollar in the early 1970s. The end of the gold standard saw inflation shoot up to a peak rate of almost 9% (the healthy standard inflation rate being 3% annually). Money with no gold to back it, means the government can print more money with no value. Inflation crisis here we come!

Goldfinger for Good says we’re heading back in that direction, and quickly. Crypto is his most desired (digital) commodity for now. I like the idea of gold, though, too because not only can I trade it pretty predictably on the stock market, I also know I can actually make a quick purchase of it when I want to on eBay and stow it away in my treasure chest for a rainy day.

The ultimate sign of cool, though, is that although he feels that crypto is the way to amass a fortune and keep it, Goldfinger for Good keeps his hands in gold—literally. “I have gold in a private bank in Singapore. Controlled by my fingerprints. No one a apart from me can open it.” That’s some billionaire boss moves! Wouldn’t you agree?

← How Do The Rich Stay Rich? →

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TITLE VII 

THE FORKS

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Gershwin & Bess:  A Dialogue with Anne Brown                           (available via TWN.org and kweliTV)

Little Brother, Chapters 1 - 5         (available via TWN.org and kweliTV)

The Double Dutch Divas!         (available via Alexander Street Press)

The Quest                          for Sugar Hill Golden Ale

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I Was Made to Love Her:  the Double Dutch Documentary (available via Alexander Street Press)

 


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