Should You Buy Gold Or Silver?

There’s a lot of talk about inflation. Michael Burry, who made billions shorting the US housing market in 2008, claims that the United States is facing a crippling wave of inflation. Other economists and investors warn of a similar situation, with some saying that this inflationary situation will get so bad that it causes riots and social collapse.

With dire predictions like these, you may be wondering if now is a good time to buy gold or silver. Today’s article examines this issue and provides several strategies for weathering this potential economic disaster.

Precious Metals: The Only True Currency

If you’re curious why people argue that gold (or Bitcoin for that matter) are important, here’s an excerpt from Kenneth J. Gerbino’s article “The Great Deceit” that explains things nicely:

It is the paper money created out of thin air that creates the unfair distribution of wealth that is making the middle class fall more behind and the poor more poor. Newly created money and credit in a paper money system benefits those that can access the money first and buy capital goods and real property at one price before the new money circulates and makes all prices go up. Wages also do not keep up with inflation and that creates another squeeze on the middle class. the bottom 90 % of our citizens went…