- why inflation occurs,
- why your purchasing power will decrease,
- what happens if you don’t protect your purchasing power, and
- how to protect your savings and retirement.
So says GE Christenson (www.deviantinvestor.com) in edited excerpts from his post* entitled Will The Inflation Monster Devour Your Savings? which acts as an introduction to his new eBook entitled Survival Investing With Gold and Silver.
Lorimer Wilson, editor of www.FinancialArticleSummariesToday.com (A site for sore eyes and inquisitive minds) and www.munKNEE.com (Your Key to Making Money!), has edited the article below for length and clarity – see Editor’s Note at the bottom of the page. This paragraph must be included in any article re-posting to avoid copyright infringement
Christenson goes on to say:
Inflation will destroy your savings unless you prepare and Survival Investing With Gold and Silver will help you do just that. Below are some questions you might well have regarding my book and my answers to each:
1. Question: Is this book simple and easy to understand?
2. Question: I don’t have any excess money. Can this book help me?
Answer: I suggest many ways to reduce your expenses so you can invest more money each month.
3. Question: I have an IRA or 401k that is barely growing. Will this ebook help?
Answer: Yes – I offer a number of suggestions to help your IRA grow faster and safer.
4. Question: What about my retirement funds? Are they safe? Will inflation hurt them? I’m really worried about my retirement funds – can you help me understand what to do?
Answer: I offer suggestions that will help you protect them from inflation.
5. Question: I’m afraid that my savings won’t last if prices really start to rise. Is that true?
Answer: I explain and show tables that clearly show what happens in ten years.
6. Question: We have been told that gold is a bad investment because it earns no interest. If that is so, why do they tell me my money market, which earns practically nothing, is a good investment?
Answer: I discuss gold and accounts that earn next to nothing.
7. Question: Is it true, as we are often told, that a little inflation is good and, if not, why not?
Answer: I explain the consequences of inflation.
8. Question: Do you understand why inflation is built into our financial system?
Answer: Most people do not, but I explain it in simple terms, and show you what it means for your finances.
9. Question: Do you understand that Quantitative Easing or debt monetization is little more than old-fashioned “printing money?”
Answer: The result is that the money supply increases and so do prices. I explain how and why.
Don’t let the inflation monster devour your savings and retirement. It will unless you take positive steps to protect your savings and retirement. My book offers an explanation for why inflation occurs, why your purchasing power will decrease, what happens if you don’t protect your purchasing power, and how to protect your savings and retirement.
If you need the answers to the above questions, order my new eBook for only $4.99. My eBook, “Survival Investing With Gold & Silver,” is available on this website, from Smashwords, and from Amazon Kindle eBooks.
Editor’s Note: The above post may have been edited ([ ]), abridged (…), and reformatted (including the title, some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read. The article’s views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article.
QE3 looks like a desperate act to feed money to large banks, offload MBS toxic waste from their balance sheets, devalue the dollar against houses, commodities, and other currencies and create significant collateral damage in the form of consumer price inflation according to a number of respected economists and critical thinkers on the subject of QE3. [Let’s take a look at what they have to say.] Words: 1661
With investors concerned about inflation it begs the following questions: “What is the best way to attempt to inflation-proof ones’ portfolios? Buy TIPS? Short Treasury bonds? Stocks? Real Estate? Commodities? Gold? Currencies?…[In this article we review each option and come to a conclusion as to how best to hedge the risk of inflation.] Words: 1672
When it comes to investing in gold, investors often see the world in black and white. Some people have a deep, almost religious conviction that gold is a useless, barbarous relic with no yield and an asset no rational investor would ever want. Others love it, seeing it as the only asset that can offer protection from the coming financial catastrophe, which is always just around the corner. Our views are more nuanced and, we believe, provide a balanced framework for assessing value. Our bottom line: given current valuations and central bank policies, we see gold as a compelling inflation hedge and store of value that is potentially superior to fiat currencies. [Here are the details of our analyses.] Words: 1316
Today all currencies are fiat, that is, they are money only by government edict, by the law; they have no inherent value and are not backed by reserves. Because of this central bankers around the world can create/ print new money almost without limit, and as with all markets currency prices are set by the law of supply and demand, and as more dollars, euros, pounds and yen are created, their value falls. [Let me explain the ramifications of such action.] Words: 785
Price is determined by demand and supply and, going forward, demand for gold may continue to rise, while supply will remain constrained as it has since the beginning of time. With this backdrop, let’s explore some specific reasons investors may consider buying gold at today’s prices. Words: 1315
Gold is not a solution to investing problems. It is an insurance policy against an inflationary explosion. The higher the probabilities of inflation, the more gold I hold. [Let me explain.]
Pushing the big problems into the future appears to have been the working strategy for both the Fed and recent Administrations, yet the U.S. dollar and the budget deficit do matter, and the future is at hand. The day of ultimate financial reckoning has arrived, and it is playing out. Words: 1096
In our estimation, the most likely time frame for a full-fledged outbreak of hyperinflation in America is between the years 2013 and 2015 [based on 12 warning signs that are on the horizon.] Americans who wait until 2013 to prepare, will most likely see the majority of their purchasing power wiped out. It is essential that all Americans begin preparing for hyperinflation immediately. Words: 2065
It is my view that the world has entered a new boom-bust cycle driven by oil prices. Oscillating oil prices – as opposed to credit cycles – will repeatedly stimulate and crash the highly levered global economy. Governments have not recognized this new cycle, and as part of a fruitless effort to retain control over deteriorating real growth and rising unemployment central banks will print more and more money, risking a hyperinflationary depression (stagflation at best). [As such,] the only respite for many investors is gold. [Let me explain.] Words: 925
Evidence shows that the U.S. money supply trend is in the early stages of hyperbolic growth coupled with a similar move in the price of gold. All sign point to a further escalation of money-printing in 2012…followed by unexpected and accelerating price inflation, followed by a rise in nominal interest rates that will bring a sovereign debt crisis for the U. S. dollar with it as the cost of borrowing for the government escalates…[Let me show you the evidence.] Words: 660
Economists are telling central banks to accelerate monetary growth even faster…to avoid a bank balance sheet implosion with all the deflationary consequences that implies. [As such,] the prospects for 2012, and thereafter, are for Total Money Supply to continue its hyperbolic trend – and when such a trend becomes established it becomes almost impossible to stop because the whole debt-based economy and the banking system would collapse. [Let me explain further.] Words: 550