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March
13
2017

50-Year Look at the Dollar’s Purchasing Power vs. Gold
Kettle Moraine Precious Metals

(Editor's Note: The abomination called inflation is the result of a criminal act, perpetrated against the middle class, by a relatively small group of megalomaniacal putzes, as a means to intentionally steal the wealth from the people and deposit it in the vaults of the central bankers at the behest of their puppet masters. Inflation is not a natural occurrence, serves no positive purpose, and will destroy the economy of the United States within the next two to five years. To hear "what I really think" please follow this link - JSB)

To understand the impact of inflation on the US dollar, it’s helpful to compare its purchasing power to gold over time. Fifty years ago, the dollar’s value was quite substantial, but over time artificially low interest rates and money printing by the Fed have helped erode the greenback’s potency. In contrast, gold’s unique ability to preserve wealth and purchasing power is easy to see when compared to the dollar over the same time period.

The following infographic shows the difference between two different savings scenarios:

An American stores $3,500 in a safety deposit box in 1967 and takes it out in 2017.

An American stores $3,500 worth of gold (100 oz) in a safety deposit box in 1967 and takes it out in 2017.

If each person then went on a spending spree, here’s what could they buy.

 

 

 

What were your original reasons for acquiring gold & silver?

pan-pac-50-round-details-lg-01If you are like us, it was because of the weakening financial condition in America, and your knowledge of history. What happens when a government spends as if there is no tomorrow, with no concern for the future? What happens when the printing presses of any nation crank out worthless paper fiat currency around the clock? What happens when those nations, who purchase America’s bonds, one day wake up and say, “no more!”?

There is an old adage that says, “He spends like a drunken sailor.” Well, even a sailor stops spending when he runs out of money – but this government does not. The end of the modern Roman Empire draws near…

 

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