How To Protect Your Portfolio From The Economic Insanity
by Nick Barisheff
Investors should be gravely concerned about the future of their portfolios, because today’s fiscal and monetary policies have set the stage for a serious period of currency devaluation, portfolio destruction and potentially devastating inflation. Author Nick Barisheff wants mainstream investors to know about the powerful but unnoticed riptides affecting the global economy and their portfolios. Up for discussion: three pressing issues explained (the global debt crisis, disastrous monetary policies, how investors can protect themselves from the coming inflationary storm); the protection of wealth; a shift in mindset; value – in the eye of the beholder; and the looming currency crisis. The majority of investors are still looking at wealth through the wrong end of the binoculars, writes Barisheff. Today, it is essential to understand the difference between money (gold) and currency (fiat paper), and adjust portfolio holdings accordingly.
