Hyper-Inflation: Central Banks Gone Wild by Michael Checkan, Advisory Panelist

Editor’s Note: Many of our long-time readers will remember our old friend and colleague Michael Checkan at Asset Strategies International, Inc. A specialist in precious metals and foreign currencies, today he takes a look at a unique “hyper-inflationary” economy and the havoc it plays on foreign currencies.

With the U.S. Government printing money like never before, the whispers of inflation float over the currency and bond markets. In fact, inflation has dropped to almost nothing after hitting a high of 5.6% in July of last year.

Within the past two weeks the Fed created one trillion dollars out of thin air. Apart from left or right wing rhetoric, this is reality.

History has taught us that governments can take a perfectly good piece of paper, put some ink on it, and make it totally worthless.

It happened in Hungary in 1946, Argentina

The Best Ways to Buy Gold and Silver Now

by Dr. Mark Skousen, Advisory Panelist

Once again, the U.S. Mint can’t keep up with the huge demand for American eagle gold and silver coins. Americans are so anxious about the uncertainty of the seemingly never-ending financial crisis that they are demanding physical positions of their gold and silver, the only true money.

It’s not hard to see why. In many ways American eagles are ideal ways to buy gold and silver.

They are easily recognized, certified by the U.S. government, and easy to buy and sell through any coin dealer worldwide. And they normally sell for close to their bullion value. That is, until recently.

Prices for gold have skyrocketed as skittish investors “ran for the hills.”

But just because everyone else is paying too much for gold doesn’t mean you have to. Here are some smarter ways to add gold