Sell your 401k or IRA and buy silver bullion Hold it yourself. The government is going to forcibly convert your entire life savings into worthless Treasury annuities. Yes, they will. Yes, this has been done in other countries, and will be done in.. One morning you’ll wake up and see Saviour Nobama’s ugly smiling mug on TV telling you your life savings has been converted to a Treasury annuity for your own “safety” and “protection”, and for the Greater Good of America! You have to sell your IRA or 401k, take the penalty, and put all your money into silver bullion.
Look at the graph below. Look at inflation since 1980 over the last 30 years. We are facing the worst hyperinflation has every seen. This will rob you of your life savings. The way to save yourself is with silver or gold. Silver is four times better than gold. We are going to see hyperinflation on the level of them food prices triple No more spending 10% of your income on the best, least expensive food in the world. You’ll spend 30% of your income and cut back severely on what you eat. Charles Evans, President of the Federal Reserve Bank of Chicago, is now saying that inflation in the U.S. is too low and the Federal Reserve needs to publicly declare a new goal of having inflation that is much higher than its informal 2% target. William Dudley, President of the New York Federal Reserve, is calling current low levels of U.S. inflation "a problem" because "it means slower nominal income growth".