The Dollar Down 40% vs Gold

The Dollar has dropper over 20% of its purchasing power in the last 48 months, even more alarming is the 40% decline against gold during the same period. This according to Forbes is being driven by the Fed’s monetary policy & global inflation.

When the US completely went off the gold standard under Nixon we saw similar events as we have today. It was one of the worst inflationary periods of the 20th century. There are so many similarities it should have you running to purchase gold to keep from further devaluation of your net worth.  See more details here – Forbes: Higher Inflation is On the Way


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: