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Saving Gold Old reliable stands tall in crisis atmosphere
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
usagold.com / By Michael J. Kosares / December, 2012
SPECIAL REPORT
Saving Gold
Old reliable stands tall in crisis atmosphere
“This is the biggest debt bubble in history. Each time deflationary forces re-assert themselves, offsetting inflationary forces (monetary stimulus in some form) have to be correspondingly more aggressive to keep systemic failure at bay. The avoidance of a typical deflationary resolution of this long wave is incubating a coming wave of inflation. This will not be the conventional ‘demand pull’ inflation understood by most economists. The end game is an inflationary/currency crisis, dislocation across credit and derivative markets, and the transition to a new monetary system, with a new reserve currency replacing the dollar. This makes gold and silver the ‘go-to’ assets for capital preservation.”
Paul Mylchreest, Thuder Road Report
by Michael J. Kosares
Around this time each year we like to remind our clientele that the real rate return should be one of the most important factors influencing the way you handle your savings. The real rate of return — yield minus the inflation rate — governs the flow of international capital into various investment vehicles. It also influences the way private investors employ their capital. When interest rates go above the inflation rate, like they did in the 1980s, the incentive is to save in the form of government and commercial bonds and bank savings deposits. When interest rates stay below the inflation rate, as they have for most of the last decade, the incentive is to save in the form of gold and other hard assets.
Thanks to BrotherJohnF
2012-12-09 01:24:45
Source: http://silveristhenew.com/2012/12/08/saving-gold-old-reliable-stands-tall-in-crisis-atmosphere/
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