I started converting my banked cash to hard goods and silver before inflation kicks in.. Inflation is yet another hidden tax on your wealth and a way for the ultra rich to extract wealth from a country.. I predict that the combo of Paris Climate, $15 National Minimum Wage, the Green Deal, open borders straining our welfare system, higher fuel prices killing domestic growth, a full attack on coal power plants that will lead to electricity rationing / higher cost and policies like killing the pipeline destroying jobs should put us into double digit inflation territory in a hurry.. Inflation = declining buying power which means we all loose..
Theres no guarantee the places that sell gold/silver and hold it for you actually have it in physical form Usually they hold only paper or just a small % in physical.
When people start demanding deliveries you are screwed!
I started converting my banked cash to hard goods and silver before inflation kicks in.. Inflation is yet another hidden tax on your wealth and a way for the ultra rich to extract wealth from a country.. I predict that the combo of Paris Climate, $15 National Minimum Wage, the Green Deal, open borders straining our welfare system, higher fuel prices killing domestic growth, a full attack on coal power plants that will lead to electricity rationing / higher cost and policies like killing the pipeline destroying jobs should put us into double digit inflation territory in a hurry.. Inflation = declining buying power which means we all loose..
Be sure its psychical assets though.
Theres no guarantee the places that sell gold/silver and hold it for you actually have it in physical form Usually they hold only paper or just a small % in physical.
When people start demanding deliveries you are screwed!