Every Economic Cloud Has a Silver Lining
Like 9-11, the Chinese coronavirus is the latest Pearl Harbor event that signifies a big change in our world. Unlike 9-11, though, this crisis is world-wide affecting the global economy and not just the U.S.
Central Banks are pumping $Trillions into their economies and inflating currencies beyond anything imaginable. If these global economies are ever to rebound, one thing you can expect is more inflation translating to higher prices.
We are told the statists in Washington want to raise taxes on the rich… however, it’s not just the rich that are feeling the pain. With taxes being raised on 77% of Americans, virtually every paycheck earner in the country will be obligated to fork over more income to the federal government.
Even more outrageous is that they are doing nothing to address the unsustainable trajectory of reckless government spending.
The news will continue to be bad and will get worse. The U.S. and economies around the world will continue to rack up debt. Unemployment could reach 30% to 50% before this depression ends. Thousands of banks will fail. There will be widespread social unrest.
The dollar continues to lose value. Every day we see the value of the U.S. dollar being inflated away as paper money is becoming more worthless each day.
The problem is that the same old, obsolete, and misunderstood Keynesian economic philosophy rattles around in our leader’s brains. Alan Greenspan told us the U.S. will not default because we can print as much money as we need. Hello? Does that sound a bit inflationary? Isn’t paying off our debt with dollars that are worth less just another form of default? So, the crisis worsens, even if economists say, “The recession is over.”
Meanwhile, gold and silver are on the rise.
Protect YOUR assets from being inflated away with SILVER. Silver is a great investment as a hedge against inflation.
If you’re considering buying precious metals to make money… I suggest that’s the wrong reason. We’ve seen some pretty dramatic swings in the price of silver in recent years and I suppose the speculators love that. But, I’m not suggesting you become a speculator. Instead you should be protecting your purchasing power of money over the long term. Mark Twain said, “The return of my money is more important than the return on my money.”
For some strange reason, the masses only get interested in buying precious metals when their price is going up. Smart buyers accumulate silver when the price is low and they are the ones who benefit when the price rises. Take a look at the chart below and it’s clear for any silver you bought more than a couple of years ago… you’re investment has increased in value.
Get something of real value – Silver Coins – while you still can.
Stop throwing your money away on paper scams and promises and invest in real money… Silver Coins.
Did you know silver is drastically undervalued?
Traditionally it trades at 15 times less than the price of gold. Just a few short months ago it was trading at 70 times less. Today, silver is trading at 56 times less than gold and it’s forecast to go up by 25% to 30% in the coming months. The Chinese are buying it like crazy! You need to act and act soon.
Be Prepared Instead of Surprised
The financial crisis of the past few years should be a wake-up call and a period of preparation for the coming collapse.
Those who are awake can see the handwriting on the wall and are getting prepared. Economies around the world are collapsing and as we learned in the 2007/2008 crisis and now in the coronavirus pandemic, the U.S. economy is closely tied to global economies. Politicians have basically sold out America to China and other emerging economies as they now manufacture most of our goods. What happens in China affects the prices we pay here in America. What is happening in other countries is coming to the U.S.
Time is running out… and it will run out. Now is the time to prepare yourself for the collapse of the U.S. Dollar, hyperinflation, depression, and the collapse of our economy.
At all times and in all circumstances gold and silver remains money – not paper gold and silver, but physical gold and silver. It is about all there is to protect your wealth from inflation and provide yourself with a viable currency to survive the destruction of our economy.
If you haven’t started to prepare already… there is no better time than right now. If you have begun preparing, you might want to accelerate your accumulation of gold and silver before it’s too late.
Even if I’m wrong and our economy defies the historical trends, physical gold and silver will continue to be a valuable asset that will provide you the peace of mind of holding real money in your hands.
You’ll be glad you did.