Inflation Tidal Wave is Coming! 01/20/2010
THURSDAY, DECEMBER 3, 2009 Gold at 1200! Art auctions going through the roof with the super wealthy buying up anything they can get their hands on that is tangible and rare. The recipe for storing value in a falling currency environment. The world is telling us they are losing confidence in our dollar and are protecting themselves with gold and art. Most studies have shown that the people in a country where the currency was begining to collapse had no idea until it was too late. Russia, Argentina, Brazil, Germany, Holland, ... All the same. At a snap of the fingers, you've just lost half your wealth or more in cash and cash equivalents, bonds, and other debt. Gold has run too far, too fast with the last $100 rise in price coming from speculators more than fundamentals. We are easily on the pathway to $1500 gold within a couple of years, but will likely re-test $1000 range. Don't bury your head in the sand and watch your money go down the drain. Use a bank like Everbank.com and give yourself the ability to switch to other currencies other than the dollar. CommentsLeave a Reply | FREE SUBSCRIPTION!Receive Emailed Articles as they are Posted. Click Below on RSS Feed!Jason's Thoughts!My goal is to use this format to bring important and timely ideas to the surface on recent events which I feel will affect all of us financially. ArchivesFebruary 2012 Categories |