tag:blogger.com,1999:blog-4236695365244926782.post3314345839968666815..comments2023-09-16T03:06:44.703-07:00Comments on III Percent: Zero HedgeUnknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-4236695365244926782.post-4714552475051885082011-07-02T13:33:38.522-07:002011-07-02T13:33:38.522-07:00I got rid of a 401k, paid the taxes, and put it in...I got rid of a 401k, paid the taxes, and put it into junk silver US coins, and small demonination gold coins, to hedge against inflation. Easy to sell, in small pieces, whenever needed. Many people would gladly trade or barter for such coins in this day and age.<br /><br />The 401k had lost money, and the currency was devaluing. Changing it into the hard assets keeps the purchasing power of the dollars traded, for a future time that each individual dollar is that much less--it is not an investment. Gary North has written many good Lewrockwell.com articles on this.<br /><br />zerohedge is awesome. I read it every day.HonourableMeanshttps://www.blogger.com/profile/17184364710831158238noreply@blogger.com