Spend your way out of debt.

Britain’s loan and credit card is now growing at its fastest rate in a decade. It is up by nearly 10 per cent over the past year to around £182 billion. That works out at about £7,300 per household (on top of any mortgage debts). It’s just a shame the rest of the economy isn’t growing as quickly.

I find that quite remarkable. Wages growth does not come even close to matching the spending increases. Where will all this money come from? At some point that money will have to be paid back – plus interest. Future generations will look back at our financial incompetence and laugh out loud. School children in twenty years time will be taught this stuff in the classroom and will find in amazing that we genuinely thought we could spend our way out of debt.

Get your own personal gold standard.

Now just because everyone else is rushing towards the financial cliff doesn’t mean you have to join them.

Paper money (or “plastic” money as our five pound note changes from paper to plastic) is a serious threat to our personal wealth, not least because it is backed by nothing other than a “promise to pay”. As you know, the link between paper money and gold disappeared years ago but that doesn’t mean you can’t put yourself on your own personal gold standard. By simply buying gold and silver bullion coins and storing them somewhere you can lay your hands on them when you want, immediately puts you on to the gold standard.

That’s right Mr Carney, we don’t need you to put Britain back on the gold standard, we can do it ourselves.

“Ah, but holding cash and gold and silver is a huge security risk” I hear you say. Is it really?

How many times have you been mugged? How many times has your house been dismantled by thieves to find your gold stash?

And how many times have your credit cards or bank accounts been hacked in the last few years? Apparently, in the last two years,  48% of people have received calls from someone attempting to hack your credit card or bank account.

So which is really riskier? Having a few £50 notes in your pocket or handing your credit card to a waiter or a petrol attendant? Exactly!

Buy gold and silver bullion now and put you and your family on your own personal gold standard.

 

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6 Comments

  • At £100 to double-you’re not really competing with large scale seasoned professionals.

    Once you go down the doubling numbers you begin to compete in effect with institutions and or Goverment policy etc(as that kind of continual doubling becomes an Intrest to the other 7 billion people and stated Goverment)

    As a result-after a handful of these ‘doubling’ moves…the ability and time and competing positions from other investors and said governments etc just make the ability a compounded hardness.

    Hopefully as we become more sophisticated we can enjoy these posts but realise they are like any other headline….attention seeking!

    • I’m afraid that none of that is even remotely true, Gerry. Remember, DYWTAM was written by not one, but two, multi-millionaires using these very techniques. I suspect that you’ve been ripped off in the past by the many “get rich quick schemes” that are out there. That’s a real shame. Having done all of the fourteen levels myself, (and I watch others do the same every week), I feel highly qualified to disagree with every single one of your comments. If you’re not rich now then you have to change your thinking if you want to make serious money. Here’s the thing; “If you keep doing what you’ve always done – you’ll keep getting what you’ve always got”. Stop and think about that for a minute. I don’t know if you live in a two million pound house but if you don’t, here you are telling someone who does that this won’t work. Really? The DYWTAM Programme is a genuine no-nonsense guide on how to become a millionaire – and absolutely anyone can do it.

  • Barry, is it only 10 issues of Double your way to a Million? A friend of mine who is interested wants to know, thanks.

  • hi barry i am interested in your horse racing course and your recommendation of using isiris,i understand kevin booth has resigned from isiris do you still recommend we use this company still thank you,and also i notice on your websitethat it is still dated 2017 .

    • Good question. I have not used the Isiris service recently. I had a brilliant 11 year run but eventually I got closed down by all the bookmakers. I guess that’s a real sign of success but it was fun to do and I actually miss it. I did not know that Kevin had actually retired but I understand that the results this year have been extremely good. Maybe regular readers who still use Isiris can update me on that one and let me know how they are doing.

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