James Turk – Real Purchasing Power Of Currencies And Commodities
He talks about how when you do a real calculation of the purchasing power of precious metals, other commodities and various currencies, you can tangibly see the actual growth in the value of precious metals, when you take factors such as inflation into account.
You will learn the realities of potential hyperinflation, with examples such as that of Weimar Germany and Argentina, and get a real sense of the global economic climate.
James offers some real considerations for why you may want to consider gold, if the entire course of history is any indication, as for the relationship gold has had with various civilizations, with it’s perpetual value, in spite of whichever currencies do or do not exist.
This video is also included in the post about considerations for one’s 401k plan, when considering converting or withdrawing a 401k to add gold into their portfolio, for this video is a real eye opener.