Think the cost of living is going up? WRONG!! It is the "money changers" who are stealing our wealth by the hidden tax of inflation which is the devaluing of the currency! They are at the spigot of the money machine and get theirs first, then by the time it reaches us it buys much less! It is too many dollars chasing too few goods...
What do they buy? Precious metals, what do they sell? Over priced stocks and shaky bonds to us for our 401(K) 403(B) 457 Def Comp. and IRA's
The purchasing power of the U.S. dollar has declined since 1913, reflecting the long-term impact of inflation and end of the gold standard.
www.visualcapitalist.com
GOLDPRICE.ORG - The No. 1 gold price site for
silverprice.org
GOLDPRICE.ORG - The No. 1 gold price site for
goldprice.org
NOTE: THIS LAST CHART IS THE SMOKING GUN! Now consider moving from the overpriced paper to the store of value which has a lot higher to go!
Stocks vs. Gold: which is the better long-term investment? These charts compare the performance of the S&P 500 (with and without dividends) to gold and silver.
www.longtermtrends.com