Given the shaky global economic situation, there are 2 very important questions I would like you to consider…
- Do you think that $100 or £100 or 100 of whatever currency you use TODAY, will be able to buy the same amount of goods or services a year from now?
- Do you think it is possible that 1 gram of gold TODAY will have the same purchasing power in a year’s time?
Let us take a close look at the facts provided by the US Bureau of Labour Statistics as well as the Incrementum AG, Federal Reserve, St Louis, over a ten-year period. Look closely at the buying power of $100,000 vs gold:
Currency $100,000 $82,288 Buying Power
Gold $100,000 $237,583 Buying Power
Gold More than doubled its value and buying power, whilst currency shrank!
Think for a moment how currency devaluation will impact your savings, your pension, your investments.
And by the way, this trend is NOT going to stop … in fact leaders in investment and financial sectors are warning of an imminent financial crash … and it is not a case of “if” but rather “when” it is going to happen. What is causing this? Webster’s Dictionary states that “Inflation … is a steady rise in the level of prices related to an increased volume of available money and credit, resulting in a loss of value of currency”.
But how … what … why???
Alan Greenspan, chairman of the Federal Reserve (1987-2006), stated the following: “In the absence of the gold standard, there is no way to protect savings from confiscation of wealth. There is no safe store of value.” Economist and father of Keynesian Economics, John Maynard Keynes, said: “By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens”.
Inflation … this is what it looks like in practical terms …
What about this?
Look at the comparison between 1971 and now ...
In 1971 1 gm of gold could buy around 5 loaves of bread, whereas NOW it would be able to purchase around 20+ loaves.
Compare this with the purchase pow
er of the US dollar. In 1971 one would have been able to purchase about 4 loaves of bread with $1. NOW …. the same amount of
money will buy you not even a half a loaf of bread.
People all over the world are getting worried about the economy. Who can blame them?
Given the global situation, one needs to ask oneself if there is a way to plan for the future.
Financially speaking, do you have a plan in place to protect not only yourself, but your loved ones too? Would you like to know how to protect any assets you have and/or to work towards building something for the future?
If you would like to know what you can do, what the options and possibilities are and how to do it, please FIND MORE INFORMATION HERE.
If, once you’ve seen more about this, and you are ready to take action…
simply Click Here (Make sure you see my name, Dailene Ashton)
We’re living in a very fast-changing world. Get informed and learn how to protect yourself financially.
References: Karatbars International, US Bureau of Labor Statistics & others.