Have you been wondering what your US currency is really worth? What will your dollar be worth in 6 months. What will it be worth in 12-36 months?

With the current financial mindset being that we can print ourselves out of debt, what does that mean for your savings. Over the last 100 years the US Monetary Base was about $780 Billion Dollars. In 2009 alone, the Federal Reserve printed $787 Billion dollars in the name of saving the “Too Big to Fail”. The fact of the matter is, if the Corporate Giants were not getting government handouts and were allowed to fail, they would never get to big to fail.

The key point here is to protect yourself and your assets. Based on the chart above, it would appear that a $1000.00 in currency in 2008 will be very soon worth only about $500.00 in purchasing power. Therefore, we are firm believers that one should convert their dollars into real assets. We believe that Gold and Oil (currently $1,185/oz & $78/barrel) will go higher, the real question is were Real Estate will go as it is a financed product that is subject to interest rate fluctuations.

We wish you well, educate yourself and protect your nest egg against the delclining dollar

 

This entry was posted on Sunday, November 29th, 2009 at 6:21 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.