Inflation, (Central Banks need 2%), Is making us POOR
- Gold hedge against currency devaluation - cost of fuel, food, housing
- True inflation figures reflect impact on household spending
- Household items climbed by average 964%
- Pint of beer sees biggest increase in basket of goods - rise of 2464%
- Bread rises 836%, butter by 1023% and fuel (diesel) up by 1375%
- Gold rises 2672% and hold's its value over 40 years
- Savings eaten away by money creation and negative interest rates
- Further evidence of gold’s role as inflation hedge and safe haven
Gold hedges against rising cost of living. Gold & silver will preserve your wealth against inflation, and we all know it is much higher than the 2% the central banks are trying to convince us.
According to ShadowStats, inflation is more like 10%:
Gold looks to be breaking above resistance at 955 pounds. ($1250)
Keep stacking, go get you some.
Follow @RollingThunder if you find the content valuable.
... just wondering when the real inflation will get out of the bottle / upvoted / peace
I believe it already out, just verify every time you go shopping for food, insurance, etc. Inflation stats are low so the gov distributes fewer expenditures tied to the inflation rate, such as social security payments, T-bills linked to inflation (TIPS).
Excellent write!