By Trent Hamm
Rarely does a day go by when I’m not contacted by a reader who is alarmed about some economic fear or another. What about inflation? What about deflation? What about precious metals? What about national bankruptcy? The list goes on and on.
Right off the bat, let’s make it clear that I don’t buy such apocalyptic feelings. I believe that the only thing we have to fear is fear itself, with perhaps a slight addition of fearing the consequences of our own personal mistakes.
Most of the time, these individuals ask me for what they can do with their money to protect it against the calamity they most fear. Should they buy gold? Should they put it in an overseas bank that’s based in euros? What should they do?
I usually offer these concerned... More...
