How do you buy Gold and Silver to fight inflation? Are you worried about inflation eroding the purchasing power of your federal reserve notes, aka U.S. dollars? As the United States government is printing money faster than ever its just a matter of time before inflation starts to rear its ugly head. The worst part about inflation is that it is a tax that effects everyone, especially the poorest among us. Furthermore, its something that most people don’t fully understand. One year your rent is $1000 and the next its $1050; a gallon of milk is $4.00 and then its $4.49, your internet bill is $79 per month and then its $89 per month. Inflation is the silent wealth stealer that affects all Americans and makes them fell helpless.
What can I do to fight against inflation?
Don’t feel helpless against inflation because you can protect yourself and you can do it NOW by buying physical Gold and Silver Bullion Coins or Bars. Bullion is unlike any asset in the world because it is liquid, portable, and secretive. Unlike federal reserve notes, governments can not print gold and silver. Furthermore, physical gold and silver are assets that remain in your possession. These precious metals have no counter-party risk and are not based on debt. On the other hand, every federal reserve note is an obligation to pay. The best way to escape this obligation is to buy gold and silver to fight inflation.
Why buy gold and silver to fight inflation?
It is important to examine the purchasing power of these elements over time to understand how they fight inflation. For example, 50 ounces of gold bought a top of the time car in 1913. Today 50 ounces of gold is worth $86,500, which buys you a top of the line car. One 90% U.S. pre-1964 silver quarter bought a gallon of gas in 1964. Today a 90% U.S. silver quarter is worth approximately $4.48 which buys any gallon of gas throughout America. Understanding this helps you realize how investing in physical gold and silver bullion protects your wealth long term. Don’t wait until it is too late and make sure you invest in bullion in 2021 to fight inflation.