The time is now for anyone hoping to spare what might be left of their savings to seriously consider rearranging their holdings. This should in no way to be considered financial advice and anyone seeking professional financial help should consult with a financial specialist. However, a little checking into the not so main stream media paints us a dire picture of events that lie ahead, indeed.
Lately it seems to be becoming very clear that whatever the future might hold could very well not be too rosy at all. If we take time to stop and take a look at some of the most knowledgeable of available sources, it should prompt us to action. There are many clues out there today that might tip off the savvy individual, if looked at with an open mind.
The buy and hold strategy of some investments that worked well in the past may not be the best position to hold in the new economy. That’s because we are in a late stage of the old paradigm now and it is not very likely that things will return to the way they once were this time. There are many reasons for this. And it’s not just this country that is going through it, although we may fare worse than some of the others. But, for the most part, we are all in this together. There is a very good possibility that what may lie ahead is hyper-inflation that will eat away the savings of most people unless they take significant steps to counteract this soon, maybe starting by as early as the later part of this summer. That would be the most likely outcome with the current money printing policies being implemented at this time. And it won’t be easy, if possible at all, to pull out of it any time soon, if ever. This is not meant to instill fear but only to provide information so that some of the possibly disastrous outcomes might be avoided.
Some of you will undoubtedly wave off these warnings as the ranting of some crazy extremist but, like I stated before, if you care to do the research, you will find that some of the best and brightest are starting to come up with these same conclusions. Of course, attempts will be made at nullifying them by the protectors of the old paradigm using ridicule or whatever other means possible. After all, the way things have been up until now works very well for some and any inevitable changes to the system would endanger their positions.
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Tuesday, June 16, 2009
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