We are all aware of infinite printing money of the Federal Reserve, either for the billions bailout or the Quantitative Easing and it makes you wonder what will that do to our currency, even though the fight is now against deflation and depression.
To be really prepared you need to think future, and the future points out to inflation, or worse as many start talking about THE BIG H: Hyperinflation.
Don’t shake your head and think I am talking nonsense because it can actually happen.
And according with some, it can happen overnight. Now that’s scary so you better be prepared.
Most important I want to be informed, so I am going to listen to anyone who has an opinion about it: economist, investor advisor, conspiracy theorist or just a simple investor. Hell, I’d listen to anybody who can explain away and make sense of all, which I did, and honestly: I am getting scared a little.
I think it could happen, history has precedents : Zimbabwe and Germany.
It doesn’t have to happen the same way, but I know is possible.
Just read the news lately and see the G20 meeting and the currency war, see the price of commodity soaring and if that is not a tell-tell sign, than I don’t know what is.
I have read numerous articles and they all give you one advise: buy precious metals and not on paper! Buy the physical gold and silver. I favor the silver based on my research.
The panic didn’t hit yet, as so many simple people don’t even know what inflation is or what to do about it, but they will not care to explain it, they will just follow everyone in the rush to their precious metals dealer or if they don’t know better they will buy anything in the fear of and before their money became worthless.
Panic is a huge monster to face and don’t know what Ace the Federal Reserve Board had hidden in their sleeve to be able to fight this. But I hope they have a plan.
However I will not hope to be saved so I will save myself by getting prepared a little.
I advise you all do the same, and I am not a professional adviser so do your due diligence before .
Hope I am wrong so in that case the worst can happen is the price of the metal will go down some that is why I will only put aside what I can afford to lose just like and wise person should do.
I will post periodically links on interesting articles, so come back anytime!
Happy reading!
