Jim Rodgers says protect yourself against inflation. Forget deflation. Yes some things are deflating but don’t be hypnotized by that. Life essentials such as food and agricultural commodities are inflating. Gold and silver too are inflating as people try and protect their savings from US dollar inflation
I believe we all need to:
1) Have enough gasoline to travel to a safe area. A rural area with not many people on the government take and where everyone knows each other and they all own a gun. Plus the area has underground water and plenty of places to hunt and fish. The place where I grew up in Arkansas will be my intended destination.
2) Have weapons for protection while travelling.
3) Have enough food to get there and survive for six months.
4) Have enough gold and silver to start over in the “new” world.
I believe this is coming sooner than most of us think.
So I’m just supposed to ignore the fact that the demographics show a 50 percent decline over the next 20 years?
Bernanke’s trying to inflate the economy, but deflationary forces are so powerful, that despite his best efforts, stuff is still going down.