Please look very very very Carefully at the SYNCRONIZED MONEY PRINTING OF SO MANY NATIONS IN THEIR SPIRALLING DEBTS
PROPHETS OF DOOM TELL US WORLD GOING INTO ANOTHER "GREAT DEPRESSION" SO MUST HOLD TO CASH
NO! NO! NO!
IN A WORLD OF MONEY PRINTING WE "CANNOT HOLD CASH" AS CASH WILL BE ERODED BY MASSIVE INCREASE OF FIAT, FAKE PRINTED MONEY OUT OF THIN AIR WITHOUT BACKING BY ASSETS OF REAL VALUE
Let Calvin illustrate by a clear example
Years ago we put RM25,000 in Bank 5 Year FD locked in at 4.25% interest a year
After 5 long years we got 21.25% in total interest
But 5 years back a 50kg cement was Rm13 per bag
After 5 years?
Cement went up to Rm19
Up Rm6.00 or up by 46%
So Bank FD interest of 21.25% cannot match cement price inflation of 46%
And with Relentless money printing things will go up much much higher in future
THAT IS WHY WE CANNOT HOLD CASH
AND BUY THESE
1) GOLD/SILVER AS INSURANCE AGAINST MONEY VALUE COLLAPSE
2) LOW PRICED LANDED HOUSES ANYWHERE WHICH CAN GIVE RENTAL YIELD (ESP THOSE IN JOHOR NEAREST SINGAPORE)
3) PALM OIL SHARES WHICH GIVE DIVIDENDS
4) OTHER HARD ASSETS
Please buy/sell after doing your own due diligence
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
calvintaneng
53,399 posts
Posted by calvintaneng > 2023-07-13 09:30 | Report Abuse
click see
https://usdebtclock.org/world-debt-clock.html