TWO EARN MORE FROM YOUR SAVINGS ACCOUNT
Inflation is an insidious and largely invisible drain on your net worth. Every day, the buying power of the U.S. dollar decreases a fraction as more money is made. On top of that, most of us keep a fair chunk of change in low- or no-interest debit accounts to cover our dayto-day spending. That yields a financial double whammy: There’s a hole in your bucket and no new water being added.
Gold is a different story, as the chart shows. It’s an independent currency whose value comes from the limited worldwide supply of bullion. There’s no Federal Reserve to issue more bars, so there’s no inflation. Plus, because it’s a coveted precious metal, its price tends to rise.
If only you could put gold in your debit account and spend it, you’d win both ways — no inflation and better earnings — right? That hasn’t been possible since frontier days, but that’s about to change. More on the company that is making gold easy in a moment.