With the US dollar losing its status as the World’s Reserve Currency, investors should probably be looking for ways to hedge their fiat currency risk with hard assets, foreign stocks, and hard currencies. The bailouts and “socialism for the rich” practices of western governments has placed the American dollar directly in the cross hairs of global investing trends in the name of “saving the financial system.”
Unfortunately, governments of the western world are almost unilaterally committed to debasement and devaluation of their currencies to drive exports and spur the global economy at this point, which means that investors would be wise to avoid the pending collapse of these currencies by hedging risk accordingly. As Rick Santelli puts it, “gold isn’t money, it’s better than money.”
Read the rest of this article here:http://seekingalpha.com/article/281487-4-top-hard-asset-investments-to-buy-and-hold
