Sunday, July 29, 2012

The Weimar Hyperinflation - Could it Happen Again?

The Weimar Hyperinflation - Could it Happen Again?
At the end of WWI Weimar Germany was suffering from rising inflation, which was starting to get out of control. During a two year period from 1921 through 1923 Inflation was running away. During the time, nearing the end of 1923 Weimar Germany would forever be remembered as a place where one of the greatest hyperinflationary events in history took place. When hyperinflation finally took hold of Germany during this time, its devastating grasp wiped out the entire Weimar Society.

These are times where iconic photos taken of the time can be seen in history books. Photos such as a man using his German marks as “wall paper” or of people trying to buy a single loaf of bread while pushing a wheel barrel full of cash around just to pay for it. Another iconic photo of a woman burning her German marks in a woodstove just to keep the bitter cold away. At that time the money was worthless, burning money was cheaper than burning wood to use as fuel for heat. The hyperinflation was so terrible that on November 1st in 1923 at the height of the crisis 1 pound of bread cost 3 billion German marks while a glass of beer cost 4 billion and a pound of meat cost an incredible 36 billion marks.

As the Weimar example shows their devastation and suffering, this could become an economic event to reach America soon enough. Can the United States actually fall into a Weimar Style Hyperinflation?


 
Sunday, July 22, 2012

Gold Bullion Investing - Protect Your Wealth

Why Gold and Silver Are Still A Major Bargain
Theirs two schools of thought as to why gold has been rising and catching the interest of hedge funds and investors alike. Interest rates that have been at negative levels. As well as gold that maintains its true value over fiat currency. The faster fiat currency is produced (i.e. US. Dollars, Euros, British Pounds and Japanese Yen etc) the faster and deeper deflation will set in.

Were now living in unstable faltering times which are unprecedented. The uprisings and unrest in Greece over currency devaluation has motivated and created fear. It’s expected that people will turn towards the one item which has stood the test of time, not only to increase their wealth but also to protect it…


 
Saturday, July 14, 2012

Storage Options - For Your Precious Metals

Lately, many people in the world have been closely watching and reading the news reports concerning the current global economic situation. The European and American debt situation is now going out of control. It’s fueled by all the governments involved, constant deficit spending habits and lack of will to pay the money back. The Central Banks answer, simply to print more and more money. Many people these days are concerned and have decided to preserve their wealth by purchasing physical precious metals such as gold and silver in either coin or bullion form. These people however also will need a safe and secure place to store their precious metals.

Keeping your silver and or gold precious metals safe from theft will of course be the most important reason for obtaining secured storage when you’re buying precious metal. Let’s review what storage options for physical precious metals are available in detail...


 
Saturday, July 7, 2012

Inflation and the Dollar Crisis

Economics 101 – Excess Money Equals Inflation
The rate of inflation in the United States has been steadily rising. The inflationary rate is a major, if not the key fundamental factor in determining the actual value of your money. The actual net worth of your dollars can be translated into how much purchasing power your dollars have for buying various goods and services over time.

The rate of inflation in the United States has been steadily rising. The inflationary rate is a major, if not the key fundamental factor in determining the actual value of your money. The actual net worth of your dollars can be translated into how much purchasing power your dollars have for buying various goods and services over time....


 
Sunday, July 1, 2012

Hyperinflation – It’s Causes & Affects

Hyperinflation – It’s Causes & Effects
Inflation is defined as an increase in the overall level of prices for goods and services in an economy over a period of time. Thus as the prices of goods and services increase each unit of currency actually buys less, therefore decreasing the purchasing power of the money.

Hyperinflation therefore is defined as a very high rate of inflation or inflation that has gone “out of control”. During a hyperinflationary event price levels within a specific economy rise very quickly as a function of its domestic currency in contrast to a foreign currency losing its real value at an ever increasing rate....


 

About Me

Join Our Newsletter

Subscribe to our Free Newsletter, fill out the form below. Watch for our weekly newsletter updates.

Our strict privacy policy keeps your email address 100% safe & secure.

Invest in Gold and Silver

GoldMoney. The best way to buy gold & silver
Powered by Blogger.

Followers