Dave Skarica: Protect Yourself From The Declining Dollar

This is an interesting presentation from Dave Skarica who is the author of the book Addicted To Profits.  Skarica makes the comment that most Americans are not protecting themselves from a declining dollar, and that all major empires have imploded eventually, which has led to a big decline in their currencies.  Another good point is that even though the stock market is going up, if it doesn’t outpace the rate of inflation then investors are still losing money even if the nominal prices of stocks are going up.  Hard assets are the best bet for protection during inflationary periods and major currency declines.

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