Friday , 20 October 2017


Protect Your Future Standard of Living By Buying Gold & Silver Now – Here’s Why

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Higher interest rates [are eventually coming and]… will substantially increase the annual interest costs, the deficit, and the required borrowing/printing. More deficits, more borrowing, more printing, and higher interest rates will cause a larger deficit and more borrowing and the cycle will repeat. [You have a choice as to what you do to protect your current and future standard of living and this article sts it all out.] Words:  595

So writes GE Christenson (www.deviantinvestor.com) in edited excerpts from his original article* entitled What Could Go Wrong? And How Gold Will Benefit!.

This article is presented compliments of www.FinancialArticleSummariesToday.com (A site for sore eyes and inquisitive minds) and www.munKNEE.com (Your Key to Making Money!) and may have been edited ([ ]), abridged (…) and/or reformatted (some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read. Please note that this paragraph must be included in any article re-posting to avoid copyright infringement.

Christenson goes on to say in further edited excerpts:

The government borrows more money each year to fund its excess spending over revenue. Because the borrowing need is so large, the Federal Reserve “prints” (monetizes the debt) money each month to buy most of the bonds (debt) of the government. If the Fed did not print money to purchase that debt, interest rates would be much higher. Eventually the bond holders will assess the risk of dollar devaluation as larger than the safety and yield from those bonds. The result will be that bond holders will sell bonds (causing interest rates to rise) and/or will demand higher interest rates to compensate for the devaluation risk. Either way, interest rates must eventually rise from their current “all-time” lows.

What is happening to your cost of living?

The money printing (injecting liquidity into the financial system) produces consumer price inflation. The official inflation numbers are benign, but look at the price increases for crude oil, gasoline, soybeans, wheat, corn, gold, and silver in the past decade.

  • Consider grocery prices, medical costs, gasoline, and educational expenses and think about your actual cost of living. Has your cost of living increased substantially in the last decade?
  • If the money printing accelerates (it must) in the next four years, how much higher will your cost of living be in four years?
  • Will salary increases match the increases in cost of living?…[If not,] it will not work out well for most individuals whose income and net worth are NOT in the top 5% of the nation. [Read: U.S.’s Runaway Financial Train is About to Destroy the Status Quo]

What can you do?

  • Reduce your living expenses and credit card debt. I understand this is difficult, but it will be easier today than next year. Make a plan and execute the plan.
  • Invest disposable income and savings in gold, silver, land, diamonds, or anything that will preserve your purchasing power as the dollar declines in value. You have choices.
  • Start now. If your funds are limited, buy a few silver Eagles each month or put whatever you can into a periodic online silver purchase plan.

What can you expect?

Are higher gold prices inevitable?

Of course not! Fiscal sanity could return tomorrow to our world, but the best bet is a continuation of the conditions and policies of the past five years. In that case, holding gold and silver will be rewarding, simple, and easy.

Gold and silver have been a store of value for over 3,000 years [while] paper money systems have all eventually failed. You have a choice!

Editor’s Note: The author’s views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article. Furthermore, the views, conclusions and any recommendations offered in this article are not to be construed as an endorsement of such by the editor.

*http://www.deviantinvestor.com/2377/2377/

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