What I’ve come to realize is that unfortunately the vast majority of people are unprepared for what’s likely coming, and I’m therefore making it my mission to do what I can to change that.
Before
I go any further, I want to emphasize that I’m not sharing this to spread doom
and gloom, but to hopefully help you see the amazing opportunities that are
here, that we’ll likely never see again in our lifetimes.
We’re
in the middle of the largest wealth transfer in human history. It may just seem that your dollars
don’t go as far as they used to (and for good reason – they’ve lost about 95%
of their purchasing power since 1971), and that’s because the continual
printing of more money is diluting the value of the ones already in
circulation. All of this new money isn’t going to disappear though
As
history has shown money simply transfers – from the uneducated to the educated.
That’s why I want you to be on the right side of this wealth transfer, and
education is the first key. Until late 2008 all of my retirement funds were in
the market and I suspect you’re likely in a similar situation. Fortunately for
me I had a couple of people tell me in the summer of 2008 to get my money out
of the market because they saw what was coming. TOO BAD I DIDN’T LISTEN!
Instead,
my wife and I watched 1/4 of our portfolio vanish. I’m not telling you this so
you’ll feel sorry for us. I’m sharing this in hopes that it doesn’t happen to
you (or happen again if you took a hit in ’08 like us).
Here
are 3 reasons I believe 2008 was just a warning shot and a wake up call for
what’s to come.
First,
things really started crumbling when the subprime wave crashed, and the housing
bubble burst. We all know what happened to the markets and the economy as a
result. What you might not know is that there is a second larger wave of
Adjustable Rate Mortgages that started re-setting in late 2011. Are we really
in a position to weather another wave of foreclosures?
Second,
for the first time in world history we have a fiat currency as the reserve
currency for virtually every country on the planet. Fiat meaning “money without
intrinsic value” or “worthless paper”. With the US now spending about 3 Billion
dollars more per day than they make, how much longer can this continue?
Considering
EVERY fiat currency in history, right back to the Roman times has failed, it’s
only a matter of time before this house of cards comes down too.
Lastly,
my parents are part of the huge 75+ million person baby boomer demographic that
are all reaching retirement age. There are 3 of them for every one of my
generation, so imagine what happens when they all start pulling out of their
retirement accounts instead of putting in. Not to mention collecting their
government pensions and utilizing other social programs. This demographic has
had major influence on industries from baby food, to fast food, to minivans and
housing – only in each of these instances they were flooding money in, not
pulling it out!
Now
for the good news! Like I mentioned earlier, money doesn’t disappear – it
simply transfers. That’s why I’ve moved mine into the areas poised to protect
and preserve what I have and also with the greatest potential gains.
Let
me preface what I’m about to say with this. I’m not a financial planner or
advisor. I’m not giving advice or suggesting you follow what I’ve done, and I
encourage you to do your own research and seek advice. I’m simply sharing what
I’ve learned in the hopes that it will help you too.
In
times of uncertainty people always fall back to what’s real. Gold, silver and precious gems have been used as money and stores
of wealth for centuries. In the past few years you’ve likely watched as
precious metals reached new highs. Both gold and silver are at or near all time highs. Although they have yet
to reach their inflation adjusted highs. In fact, silver is near an inflation
adjusted low and is an incredible opportunity that works as an insurance policy
against inflation and as an excellent investment.
I’m
focusing all of my attention on real, tangible assets that I own, can hold or
see, and understand the simple supply and demand factors affecting their value.
Please see this as an encouragement to do some more research of your own and
educate yourself. My purpose in writing this is to hopefully share some of the
knowledge I’ve gained and to help you avoid the losses that I’m afraid much of
the population will incur.
Dan Giercke is a student of wealth cycles and the investments of the wealthy. As a result of many years of research and inquiry, he now shares his knowledge with a passion for helping others achieve financial freedom.
You can learn more about protecting, preserving and prospering your wealth by visiting http://www.getprivategoldandsilver.com
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