Stagflation Causes More Damage Than Inflation and Promotes Gold!

``To put it in a nutshell stagflation is where economies do not grow or fall, while money cheapens persistently, ensuring no protection against wealth attrition. Investors who wish to guard against this have to flee such environments while they still can. Gold and silver, inside a country suffering stagflation, bring the same benefits as though that wealth were held offshore in nations where the economy is growing interest rates are real and the currency appreciating.''