GOLD – Basically a zero-interest savings account,
but in real-money instead of nominal terms.Sure, gold’s money. But it’s not legal tender. You can’t carry it around and use it to buy what you need. So it’s really an asset…
One the government could take.
Like it did in 1933, with FDR’s Executive Order 6102. That order prohibited the “Hoarding of Gold Coin, Gold Bullion, or Gold Certificates” by U.S. citizens.
Useful mainly as a measure for the value of other things (like currencies), gold won’t beat the buck in real-money terms over time. It’ll only help to define how far the dollar has fallen.
Now here’s another popular investment that’s not going to fare much better…
BONDS – Only slightly more profitable than keeping your money in the mattress.
Seriously, who wants to make 2% over 5 or 10 years? Even if it’s guaranteed…
The only thing bonds really guarantee you is that you’ll lose marginally less money during the coming “dollarcide” than simply holding onto your cash.
That’s why the Chinese are now claiming that America’s willingness to allow the dollar to devalue equates to debt default…
Because the yields on their trillions worth of U.S. bonds won’t anywhere near keep pace with real-money dollar depreciation!
Here’s something else that won’t match the currency inflation of Washington’s “dollarcide” campaign…
THE MAJOR INDEXES – Only good for losing you less than bonds or cash in a real-money inflationary environment.
You shouldn’t count on the broad market to save your bacon in the coming “dollarcide.”
That’s a good way to make sure you end up saying “You want fries with that?”
You’ve already seen this by comparing the Dow to the dollar’s rate of real-money inflation since the “recovery” began in early 2009.
To beat it, you’re going to have to look for the exceptions…
The very specific stocks that are set to soar as this crisis gains speed. In just a moment, you’ll learn more about several companies Keith expects to soon skyrocket.
And he’ll keep you apprised of many more of them in the pages of The Money Map Report.
But first, let’s move on to…
CURRENCIES – The ultimate crapshoot for beginning investors.
The day-to-day values of most world currencies depend not on anything measurable and verifiable, like their relationship to gold, for example…
But on external, subjective factors like central bank actions, political crises, market turmoil, and credit agency ratings.
Currency trading is a full-time job when done right, and the “wins” are often incremental gains of a few percentage points.
It takes tons of knowledge, education and experience to make it worthwhile, too. And it’s risky – like this next American investing staple…
IRAs/401Ks – All the downsides of stock investing, with none of the “safety.”
Why do I say that?
Because if the U.S. government can issue a decree seizing your gold, it can issue a decree seizing your retirement assets, that’s why.
In fact, the waters have been quietly tested on The Hill (and in the White House) for a plan which would allow the replacement of America’s IRA and 401K accounts…
With a paltry 3% annuity, adjusted for inflation.
And not real-money inflation of the kind I’ve shown you…
But the delusional way The Feds compute it, using the Consumer Price Index.
This proposal is called the “Guaranteed Retirement Account” plan. And with the government frantically fishing for ways to bail out Social Security and Medicare…
You’d better keep an eye on your IRA.
After that list, it might not seem like there’s much left that Keith Fitz-Gerald would recommend parking money in right now. But that’s not true at all.
According to Keith, there are loads of opportunities to get “real-money rich” that’ll not only keep pace with relative dollar inflation…
But solidly outperform it, too.
As I said before, I’m guaranteeing you that at least one of his Money Map Report picks will beat the “official” U.S. inflation rate by 100 times over.
You’ll find out exactly how you can do this in Keith’s new Dollarcide Survival Kit…
Which can be yours FREE, for reading this exposé.
Mike Ward
Publisher, Money Morning
Mike Ward is the Publisher of Money Morning, which is devoted to helping investors understand and profit from global trends in investing. In 2007 he launched Money Morning, one of the fastest growing investment news sites on the Internet. He also publishes the Money Map Report, which has been helping readers make solid gains even during these troubling recessionary times. Before launching Money Map Press, Mike served as the Editorial Director for The Oxford Club. He's a seasoned veteran of magazine and book publishing, with 25 years experience with companies such as Macmillian Publishing, Rodale Press and Eagle Publishing.