written by: Zanne Lamb-Hunt
As a precious metal expert and advisor who has searched for (and found!) secure ground for himself, Damion, aka My Gold Advisor, puts his passion for teaching to work to support, educate and help others through their own journey into the metals world.
For instance, he eagerly shares these 4 reasons why buying gold and silver is just plain smart.
Everybody wants financial certainty but central banks flood the market with paper. “As long as we keep printing, there’s going to be an inflationary effect. What that means is, people are going to lose buying power. Ultimately, there’s going to be a ‘pop’ in the value of all of this paper currency. Dollars…Euros…Yen…they’re all made up out of thin air!”
“The best way to protect your wealth is to have something real in your hands. Real gold. Real silver. A hundred years from now… a thousand years from now… people that are diving in the water finding crashed ships aren’t going to be looking for paper US Dollars. They’re going to still be looking for gold coins.”
Damion suggests that people seriously think about that create their own certainly by putting some away. “You don’t know what’s going to happen other than you do know there’s going to be continued printing – indefinitely!”
2. It’s Physical – It’s Real!
“There’s something called ‘paper metal’ on Wall Street. It’s basically stock. It’s a representation of some potential metal you have in some warehouse somewhere.”
“If you’re going to invest in metals, hold it! That way, nobody can manipulate it.”
3. Eliminate Counterparty Risk
“When you have stocks, companies can do things that put your investment at risk. The markets can collapse. Somebody can perform fraud. The interest rates can change. Some other party has the ability to influence your investment.” The same holds true, even in real estate.
4. Complete Control
“With metals that you hold, you have total control. It’s private! Metals are the only thing that doesn’t have anybody manipulating it.”
Damion has carved out a niche with a type of 401K known as QRP – Qualified Retirement Plan. It gives people ‘checkbook control’ of their retirement money! They don’t have to keep their money in cash because they don’t trust Wall Street.
Banksters do whatever is in their best interest with other people’s money. This is a way for people to do what’s best for themselves with their own money! It’s empowering to have total control over your own investments.
How To Avoid Snake Oil Salesmen In The Metals Market
“So many people call themselves advisors. The reality is, most ‘advisors’ are sales people. There’s less of a teaching capacity and more of a pitch going on.” Differentiating one from the other can be extremely difficult, especially when there’s so much noise and so many people trying to sell something by using good twists and stories.
Damion shares a great test for finding the right advisor. It’s quite simple. Ask one question. “Are you doing what you’re telling me?” An advisor with integrity will be walking the talk right along with the clients. It’s all about transparency and integrity.
“Giving people power over their investments, especially their retirement stuff that they’ve worked so hard for is really, really fulfilling. It’s making a difference…”
Damion Offers A Fast And Easy Way To Gain Instant Serenity!
When asked to share his favorite App or internet resource, Damion doesn’t skip a beat. “My OFF button!”
“There are so many apps and so many things that can buzz…and ding…and tweet… and all of this other stuff. The OFF button is my favorite button because it creates serenity with one click!”
Are you ready to learn how to enjoy the financial security that comes from owning shiny things, too? Shoot an email to Damion@mygoldadvisor.com with any questions and start your own journey into the metals world.
Damion was strongly pulled towards entrepreneurship, even at 17 and right out of High School in Alaska. “About 15 minutes after I graduated, I ran out of there because it’s so remote and far away from everything.” He took the helm at various types of businesses all over the US, including a real estate company that had offices in 7 different states! (is that all?)
After several successful ventures, he suddenly felt himself attracted to shiny things – metals. This was like coming full circle with his roots, as his Dad was a coin collector with a second-hand store in Montana 45 years ago. Damion found a unique niche – QRP. At the same time, he continued his other passions; writing, martial arts and teaching. Why teaching? “It serves my soul and it helps people.”
Content provided by Frederick Advice Givers Podcast #15