What will you do when the dollar no longer spends? With Obama letting in the floodgates of new immigrants from our Southern border, expect welfare rolls to explode, with trillions more in taxpayer funding triggering possible runaway inflation.
And if that happens, do you know how much a cup of coffee might be? About $500 trillion dollars per cup–and that is for old, cold bitter Java. If you want Starbucks lattes, expect to pay 2 quadrillion dollars.
Don’t laugh and don’t say it’s impossible. Rhodesia used to be the Garden of Eden of Africa. Shortly after adopting socialist money schemes, and sporting the new name of Zimbabwe, their coffee cost more than that. So did their gasoline and milk and eggs. After a while, the money stopped spending altogether.
But the United States is actually deeper in debt than Zimbabwe was before their collapse. The United States of America used to be richest nation in modern history.
So I ask you again: what will you do if your paper dollars become worthless?
Here’s one solution: Buy a few thousand dollars in gold coins as a possible hedge against runaway inflation; and if the day comes that coffee costs a trillion dollars, never fear. For your gold would likely be worth well north of several quadrillion dollars. And no matter how much higher the dollar inflates, your gold, if it follows traditional patterns, would keep ahead of the curve into quintillions of dollars and so forth.
But without gold, your entire net worth, even if you are Bill Gates, could be worthless. Totally worthless.
To learn more about investing in gold coins, you may visit the web pages of any reputable gold coin dealers. One we like is: www.SwissAmerica.com.
The views expressed in this opinion article are solely those of their author and are not necessarily either shared or endorsed by WesternJournalism.com.
This post originally appeared on Western Journalism – Informing And Equipping Americans Who Love Freedom