The best way to prepare in this jobless recovery is to buy the basic commodities, and for monetary inflation, nothing is better than simple gold and silver coins.
The ability of precious metals to protect against inflation, as well as deflation, and everything in between truly shows how versatile and rewarding gold and silver are as investments. Never has the public been so interested in gold and silver coins.
Analysts, financial planners and so called “experts” tout a variety of anti-inflation investments, ranging from commodities like oil and coal to sophisticated instruments like inflation-protected treasuries and annuities. Although all these products may seem to be inflation-proof on paper, none have the intrinsic value of gold, silver or any other precious metals.
Intrinsic Means Forever
Intrinsic [...]
Once people discover gold and silver coins, things tend to get a little lonely out there.
You should be prepared for this.
It may feel unpleasant for a while. Like a vacation where you should be able to finally relax, or at least drift off into possibilities. But no one else seems to want to hang out [...]
A recent Financial Times article where we read that Tim Geithner tried to convince China that “the US would do what was necessary to bring its budget under control”.
He goes on to say that the government of the USA will bring down “the fiscal deficit to about 3 per cent of gross domestic product”.
Of course, [...]