Whether you’re listening to the radio, watching the news, or reading the paper, you’re being bombarded with warnings of hyperinflation. Are things being blown out of proportion or should you be worried about your savings?
Prices of consumer goods such as housing, medical care, and transportation are expected to rise slightly over time. But as the US government continues to print money with no signs of slowing down, many people are pointing to damaging levels of inflation on the horizon. You’re already noticing the difference in food and gas prices just over the past few months.
So, how can you protect yourself and your family against potential hyperinflation? For decades, investing in gold has been used as an effective safe haven against the fluctuating value of the dollar. But beware! As the value of the dollar decreases, people tend to dump their cash into any hedge without much forethought.
It’s during times of uncertainty like we’re currently in that exercising diligence is most important. How can you make sure you’re making the right precious metal investment decisions? Eric Sepanek, the Founder of Scottsdale Bullion & Coin will explain. He recently sat down with AZ Daily Mix host Mike Broomhead to discuss the difference between hyperinflation and inflation along with steps investors like you can take now to secure their wealth. Watch now.