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Informationen zum Autor DAVID VODA is a writer, businessman, and investor currently living in Boulder, Colorado. He has written on business topics for the Los Angeles Times and the New York Times, was a realtor in Palm Springs, California, and buys and sells real estate for his own account. He was a principal in Yes Yes Productions, which produced the award-winning feature, The Secretary . Most recently, he was producer of PJTV's business and economics show, Front Page. Klappentext The must-have guide on how to protect yourself during the coming age of hyperinflationThe Petersen/Pew Commission on Budget Reform recently warned that the national debt was expected to grow from 40 percent of the gross domestic product (GDP) in 2009 to 85 percent in 8 years, 100 percent in 12 years, and 200 percent by 2038. In other words, in just a few years the U.S. will owe twice as much as it produces. Since no conceivable level of taxes and borrowing will enable the country to service such an enormous debt, it is inevitable that government will turn to the same tricks its antecedents have been playing since Ancient Rome: debasing the dollar and letting inflation run rampant. Inflation-Proof Your Portfolio: Protect Your Money from the Coming Government Hyperinflation is your guide to understanding the debt crisis and rising inflation, packed with the key tools you need to protect yourself from the fallout.* Neither an economic treatise nor a collection of specific investment advice, the book is intended as a resource to help empower citizens to take action to protect their money from the coming government-induced hyperinflation* Essential reading for individual investors and general business readers alike who want to keep their money safe when inflation sets in* A runaway self-publishing hit, this new edition is fully revised and updated* Get the information you need to formulate your own plan of action to protect your investmentsThe U.S. dollar is almost certain to have a sustained run of extremely high inflation over the next decade because of continued huge government deficits and unfunded liabilities, and this book is the resource you need to be ready. Zusammenfassung The must-have guide on how to protect yourself during the coming age of hyperinflation The Petersen/Pew Commission on Budget Reform recently warned that the national debt was expected to grow from 40 percent of the gross domestic product (GDP) in 2009 to 85 percent in 8 years, 100 percent in 12 years, and 200 percent by 2038. Inhaltsverzeichnis Preface xiii What This Book Is (and Isn't) About xiv Time to Take Action xvi Chapter 1 The Dollar's Shrinking Value 1 Why Governments Love Inflation 1 "It Can't Happen Here"- or Can It? 2 How Low Can It Go? 3 What You Don't Notice Won't Upset You 4 Infl ation Is Already Picking Up Steam 6 A Hope Is Not a Plan 7 Principle 1 Exchange Dollars for Real Things Chapter 2 Life in the Gold Rush? 13 Gold: Traditional Haven for Nervous Investors 13 Caution: You Are Late to the Gold Party 14 Beware Investors Fleeing Gold 15 Why to Buy Some Gold Anyway 15 Buying Gold Now 17 Gold Supply and Demand 17 How High Will Gold Go? 17 The Easy Way to Buy Gold 20 Downsides of Exchange-Traded Funds 21 Warning: Exchange-Traded Notes = Added Risks 21 Why You Should Have Some Physical Gold 22 What Coins to Have on Hand 23 Why to Avoid Bullion 23 How to Buy Mining Stocks (If You Must) 24 Silver-the Other White Meat 24 Why Silver Is Undervalued 25 The Pros and Cons of Holding Silver Coins and Bullion 26 Learning to Like "Junk" 26 Another Way to Profi t from Silver 27 Key Points 27 Chapter 3 Real Estate: Home Is Where the Hedge I...
