Gold & Silver Performance In The Coming Hyperinflation
SilverDoctors.com
May 27, 2018
How will gold & silver fare during a hyperinflation? Here’s a couple speculations which both show that gold & silver will fare well. Here’s why…
by Gary Christenson of Deviant Investor
This article was originally written for Miles Franklin by Gary Christenson.
Hyperinflation Myths:
1.Hyperinflation occurs in banana-republics and not modern western countries.
2.Hyperinflation cannot occur in the United States because the U.S. issues dollars – the reserve currency.
BOTH IDEAS ARE INCORRECT. For more, read Bill Holter:
WHAT ARE THE CONSEQUENCES OF HYPERINFLATION?
The hyperinflations of past centuries have hurt the poor and middle classes more than the wealthy because they owned real assets.
Hyperinflation destroys savings, assets, purchasing power and retirement expectations, along with moral values.
The value of the currency is smashed. The economy “resets” and life goes on, albeit much changed.
Hard assets such as real estate, fine art, land, gold and silver fare better than many other assets.
The Rest…HERE