What can be done to protect oneself and family from this impending event of seeing the dollar, and for that matter all international currencies, becoming worthless? The answer is in precious metals -??specifically gold and silver. These two metals:
- - hedge against inflation,
- - protect against government policies that ignore fiscal responsibility and
- - provide a haven of sound money.
Since 2002 the price of gold has gone up 620%, from $278 per ounce to a high of $1,723 as of this writing. Of course, the value of gold really hasn't changed ' it still has the same purchasing power as it has held for centuries. What has changed is the value of the dollar or perhaps more accurately, the lack thereof....more