Adam Taggart, Wealthion
JUL 9, 2021
With global central banks printing trillions of new currency these days, the voices claiming that “Cash Is trash” appear to have a valid point.
Banks give us no return on cash savings. And inflation is swiftly eating away at its purchasing power.
So what is the future outlook for the world’s major fiat currencies?
And are there better stores of value we should consider using instead of paper cash?
We invited economic analyst Lyn Alden to answer these very questions.
She sees the US dollar continuing to lose its prominence against other global currencies as the world moves to de-dollarize.
And she sees ALL fiat currencies devaluing against other assets, particularly tangible ones.
To understand the implications of this erosion of fiat purchasing power, watch this excellent discussion.
And if you’re looking for help on how to manage your investments through this challenging time, consider partnering with a financial advisor who understands the nature of the market risks in play as well as the opportunities, can craft an appropriate portfolio strategy for you given your needs, and apply sound risk management protection where appropriate.
To get started, answer a few easy questions and schedule a free portfolio review.
Even if you already have a financial advisor you trust, take this free opportunity to learn about a surprising alternative for safeguarding your wealth.