Archives for July 2015

July 2015 - Page 27 of 28 - Money Morning - Only the News You Can Profit From

Inflation Is Lurking, but This Asset Can Protect You

While the investing world is focused on Greece, events unfolding right now in Africa offer another important cautionary tale.

Thanks to reckless political and economic mismanagement, Zimbabwe holds clues to the future of other nations – like ours.

Granted, this failed state's policies have been more egregious than those perpetrated by the U.S. government against its people. Nonetheless, some of the outcomes could be similar. And I'm going to tell you one way to protect yourself.

Zimbabweans have been robbed by inflation for years and right now are now being offered compensation that's no better than an insult.

It's a frightening scenario. And those who think "it can't happen here" need only think back to the massive losses caused by runaway inflation during the Oil Shock days of the 1970s.

But preparing for it is easier than you'd think...