Monday, February 7, 2011

Fiat Currency or Real Assets, take your pick

Ever wonder how the story of each fiat currency plays out in the end? Ever question why things are getting more expensive? What's the cause of inflation? is it true that food and things are getting scarce? Or are our money worth less now because loose monetary policies around the world?

So, if these fiat currencies are devaluing each day, wouldn't it be wise to store your monetary value in real assets like gold, silver and other commodities? Take a pick, because when the day of reckoning comes, it will be too late when you realized that your paper dollar has turned into monopoly money.

a blog on: Financial Planning Advice - Christopher Pua

1 comment:

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