The Inflation Reduction Act, The RAT RACE and Cost of Living. It’s Déjà Vu!
Nixon: The End of Real GOLD In US Dollar. On August 15, 1971, President Richard Nixon closed the...
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Tag: inflation survival
How Gold IRA Investment Companies Can Help To Survive Inflation
In today’s economy, it’s more important than ever to find ways to protect your money from inflation. One way to do this is to invest in gold. Gold is a valuable commodity that has been used as a form of currency for centuries. Unlike paper money, gold is not subject to the same forces of inflation. As the price of gold goes up, the purchasing power of your money remains the same. This makes gold an ideal minimum investment for those looking to protect their savings from inflation.
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Why you should invest in Gold
Often times you will see comparisons of stocks to Gold over very short periods of time to prove that one asset is better than the other. That type of analysis is cherry picking at its finest. It is pure nonsense. For any analysis between two assets to be useful and meaningful you have to have a lengthy and meaningful time frame as a basis of comparison. I think you would agree that using a 50+ year analysis of Gold provides a very practical framework for determining comparative value.
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