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Wealth Insurance
As the Dollar keeps falling and inflation keeps rising your personal wealth is diminishing. Whether it's the change in your pocket or the savings in your account there worth less and less as The Federal Reserve continue to provoke inflation by flooding the currency markets with bits of printed paper. Every time they print dollars it reduces the value of the ones you have. The Dollars position as the World's Reserve currency is fragile and in time it will lose out to the strength of the Chinese Yuan. are proactively adopting a strategy for economic domination and the demise of the Dollar is key to it. Once achieved what then for your dollars?
The Chinese are the largest producer of gold in the world. They are also the largest investors. They bought more than in the first 2 months of this year and demand from China is growing as I write. Eventually they will be able to back their currency with real wealth and a real reference - Gold. Other major currencies including the Dollar, Euro and Pound cannot - they are Fiat (or unbacked ) currencies. If you keep your wealth in dollars it can only go one way. If you want wealth insurance consider buying Gold as it protects and preserves wealth against inflation and currency devaluation - proved throughout the course of history. Like any insurance, it's always better to be covered before the event! are considering the reintroduction of gold (and possibly silver) money (coins) because of their fears over diminshing dollar value. If you haven't thought about it yet maybe it's time to consider the alternatives to Greenbacks. Read up and be informed before you're hard earned cash becomes worthless! |
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The Baltimore Life mission includes a commitment to managing its business portfolio on a sound financial basis.
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