The slow, painful death of the dollar bill

Posted on January 28th, 2009, by admin

According to Larry Edelson, higher taxes are not going to be the largest cost of the $700-billion bailout package that was recently approved and implemented by Uncle Sam.  He believes that your biggest concern should be the “sheer destruction of the purchasing power of your money, an outright devaluation of the dollar that’s going to occur, no matter what.”

dollar-oh-no

Those are powerful words, my friends.

If the majority of your money is still tied up in traditional investments (i.e. the stock market), you may want to consider diversifying.

How does one go about diversifying their portfolio? Well, as is the case during many economic downturns, gold has become an overwhelmingly popular investment option as of late.

For more information about investing in gold, visit my website where you can view my recent article, “Gold as an Investment Option: Increasingly Popular, Steadily Smart.”

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