![]() FORT LEE, N.J., April 2 /PRNewswire/ -- The National Inflation Association today released the following statement to its http://inflation.us members: It is our belief that Americans need to take steps immediately to prepare themselves for hyperinflation in the United States. As an American who is concerned about hyperinflation, your number one goal should be to rid yourself of U.S. Dollars, bonds, treasuries, and other dollar-denominated assets. As the Federal Reserve prints trillions of dollars to fund U.S. bailouts, stimulus's and other government spending, these assets will lose their purchasing power. We believe there will soon be a rush out of the U.S. Dollar and into real things. Because many Americans are afraid to buy stocks and Real Estate after the recent collapses in the stock and housing markets, it is our belief that precious metals will become the new hot asset class to invest in. Gold and Silver have been accepted as real money for thousands of years and could replace the U.S. Dollar as the ultimate safe haven for Americans to store their money. Gold and Silver are very liquid and tradable. With a high value to weight ratio, they are easily transportable. They are durable and can be divisible into small units without destroying their value. They are also easy to weigh, measure and count. Most importantly, their supplies are very scarce and they can't be printed out of thin air like paper money. For those who don't wish to hold all of their money in physical Gold and Silver, there are several Gold and Silver ETF's available to purchase with any brokerage account. For risk tolerant investors who want to become wealthy during the next decade, we believe you should research Gold and Silver mining companies. We profile Gold and Silver mining companies on a weekly basis that we believe could prosper in an inflationary environment. During a period of rapid inflation, we will likely see prices of food, clothing, and other necessities go through the roof. To battle rising prices, there is a possibility that the government could implement price controls which could lead to shortages and empty shelves at retailers. Rest of the release is at: http://news.prnewswire.com/DisplayReleaseContent.aspx?ACCT=104&STORY=/ww... |
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holy shit.
i can't believe this is actually being said.
awesome. i'm a bit stunned.