Silver Bullion or Fiat money
The Fed is now hiking interest rates very aggressively AND destroying $95 billion every month through Quantitative Tightening. Today’s guest explains how the Fed plans to continue hiking rates and destroying hundreds of billions of dollars until it throws millions of Americans out of work and wipes out trillions of dollars of wealth in order to bring the inflation rate back down to its 2% inflation target. Richard Duncan, author of “The Money Revolution: How to Finance the Next American Century,” says, “The central banks are in shock because for the first time in 30 years they have to deal with inflation.” Duncan goes on to explain, if the Fed prints more money, it’ll fan the inflationary flames. If they don’t print more money, credit will contract, and the economy will spiral into crisis.
Why Silver and Gold?
Silver American Eagle (BU)
How can physical metals help you avoid inflation? Well, Silver and Gold are historically deflationary. Many investors when in an economic downturn tend to park their money in things like silver and gold because they hold value. Read here “billionaire becomes bullionaire”. Since there is only a finite amount of silver and gold that makes these metals more desirable along with their long-dated history of being used as currency. when picking a bullion product, you will see much higher premiums on legal tender silver bullion then you will generic. Legal tender can be used at stores or grocery like paper money since it is backed by the Government. The other option is buying “junk silver” like seen below. It’s legal tender and contains some silver. You can read more about “junk silver” here. We hope you found this article helpful. Check out the video below for the Indepth overview.
90% Silver Quarters, Silver Dimes Pre-1965 Junk Silver Coins